future value = P × (1+ i)t `"present value" = "P" / (1 + i)^"t"` You want to deposit $12,000 in a bank at an interest rate of 8 percent per year. What is the future value of this money after five years? - QAmmunity.org

future value = P × (1+ i)t `"present value" = "P" / (1 + i)^"t"` You want to deposit $12,000 in a bank at an interest rate of 8 percent per year. What is the future value of this money after five years?

asked Oct 9, 2020 46.0k views

1 Answer

Search QAmmunity.org