A deposit of 5500 at 6% for 3 years equals

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asked Jun 3, 2020 232k views

4 votes

A deposit of 5500 at 6% for 3 years equals

Mathematics
middle-school

Eignhpants asked

by Eignhpants

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2 Answers

1 vote

1. 5500x0.06=330
330+5500=5830
2. 5830x0.06=349.8
349.8+5830=6179.8
3. 6179.8x0.06=370.788
370.788+6179.8=6550.588

6550.59 would be your answer
Hope this helps

Giorgos Ath answered Jun 5, 2020

by Giorgos Ath

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5 votes

What are we supposed to solve...?

Salahuddin Ahmed answered Jun 8, 2020

by Salahuddin Ahmed

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