If you were able to earn interest at 3% and you started with N100, how much would you have after 3 years?

Question

asked Nov 27, 2022 160k views

1 Answer

Jarrod · Answer 1 · 2022-12-02T17:03:41+0000

the answer

Answer: 109.27

Step-by-step explanation:

N=3 I=3% pv=100 pmt =0 cpt fv

$109.27

if you do not add anything to the $100 and strictly rely on interest.