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Calculate the compound interest to be eaned if Ksh.256000 is invested at the rate of 12% for 6 years,compound interest adjusted ;semi-Annually

Guest Mar 13, 2017
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Calculate the compound interest to be eaned if Ksh.256000 is invested at the rate of 12% for 6 years,compound interest adjusted ;semi-Annually

 

FV= 256000 (1 + 0.06)^12

 

Interest

= 256000 (1 + 0.06)^12  -  256000

= $259122.30

Melody  Mar 13, 2017

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