➷ Use this formula:
final = original x multiplier^n
n would be the number of years
First to calculate the multiplier:
6/100 = 0.06
1 + 0.06 = 1.06
Substitute the values in:
final = 10000 x 1.06^5
Solve:
final = 13382.25578
Your answer is $13382.25
➶ Hope This Helps You
➶ Good Luck
➶ Have A Great Day ^-^
↬ ʜᴀɴɴᴀʜ ♡
