HOW DO YOU SOLVE 5,500(1+0.055/12)12X12
HOW DO YOU SOLVE 5,500(1+0.055/12)12X12 Like this:
FV=5,500[1 + .004583333333]^144
FV=5.500[1.004583333333]^144
FV=5,500 x 1.931877070
FV=$10,625.32
