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Find the accumulated Value of 5,000 investment which is invested for 8 years at an interest rate of 12% compounded

Find the accumulated Value of 5,000 investment which is invested for 8 years at an interest rate of 12% compounded
62.4k views
4 votes
Find the accumulated Value of 5,000

investment which is invested for 8 years at an
interest
rate of 12% compounded

User Rakesh Kashyap
by
8.5k points

1 Answer

4 votes
I used a calculator app for compound interest rate and got 12,379.82
User Hung Luu
by
7.4k points
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