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p=10000 r=5 n=12 t=10 calculate compound intrest

 Jul 4, 2016
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p=10000 r=5 n=12 t=10 calculate compound intrest

 

FV=PV[1 + R]^N

FV=10,000[1 + 0.05/12]^(12*10)

FV=$16,470.09

 

P.S. Your question is not clear, so I have assumed a number of things: That 10,000=Present value, r=Interest rate, n=Compounding periods, and t=Number of years. If this is NOT accurate, then re-submit your question with clear explanation.

 Jul 4, 2016

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