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please help im not good at math and my teacher didn't explain it good enough please show the step by step way to answer the questions.?
please show the work
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- charlatanLv 73 years ago
1
rate of interest = 5.4% per annum
rate of interest = (5.4/365)% per day
30 years = 365*30=10950 days
Amount = Principal(1+r/100)^n
A=6000*(1+((5.4/365)/100))^10950=30314.90923
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you have the formula,use it for other sums.
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