#compound interest help pls
1 messages · Page 1 of 1 (latest)
2 years and 11 months is 24+11 = 35
5% each year means (5/12)% each month
so using the formula
5% is 0.05, so 0.05/12
i did this end of summer term in year 9 am i cooked
1 messages · Page 1 of 1 (latest)
2 years and 11 months is 24+11 = 35
5% each year means (5/12)% each month
so using the formula
5% is 0.05, so 0.05/12
i did this end of summer term in year 9 am i cooked