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23 votes
Please help me with question 20. Thank you.

Please help me with question 20. Thank you.-example-1
User SamHecquet
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1 Answer

21 votes
21 votes

Answer:

B=208.72

Explanation:

June 22

July: 22+ 22x (1+10%) = 46.2

Auq: 46.2+ 22 (1+10%) x (1+10%)= 72.82

Sep: 72. 82+ 22 (1+10%)³= 102.102

Oct: 102.102 + 22 x(1+10%)⁴= 134.3122

Nov: 134.3122 + 22×(1+10%)⁵= 169.74342

Dec:169.74342 +22(1×10%)⁶ =208.717762

=208.72

The calulation of Compound interest )

User Sebastjan
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