IDNLearn.com makes it easy to find answers and share knowledge with others. Our experts provide timely and accurate responses to help you navigate any topic or issue with confidence.
At the beginning of the year 2005, a person invests some amount in a bank. At the beginning of 2010, the accumulated interest was 10000 and at the beginning of 2015, the accumulated interest became 25000. The interest rate is compounded annually and the annual interest rate is fixed. What is the principal amount?
Sagot :
Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Your search for solutions ends at IDNLearn.com. Thank you for visiting, and we look forward to helping you again.
