30000(1+3.5)5
In maths, the order goes like this:
- Parenthesis
- Multiplication
- Addition
So first you add 1 + 3,5 that is 4,5 and then you just solve the multiplication that is 30000*4,5*5 = 675000
You're welcome!
30000(1+3.5)5. This is compound interest formula, but it should be written like this:
30,000 x (1 + 0.035)^5 =
30,000 x 1.035^5 =
30,000 x 1.187686305646875 =
=$35,630.59