FIND THE COMPUNDINTREST ON 26000 FOR 6 MONTH AT 30% PER ANNUM COMPOUND MONTHLY

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1 Answer

kompound interest at 30% for 6 months

rate=0.3/12=0.025

kompound interest=1.025^6

=1.1596934

start with 26,000$,

end value=1.1596934*26000

=30,152$

That assume sumwon pae yu that interest
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