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Mathe exercise

A mathe exercise:

We are now going to find the starting amount and the final amount.

Formula:

K = K0 (1 + r)n

r = rate

K0 = starting amount

K = final amount

n = number of periods

Starting amount

Rate

Number of periods

Final amount

117,00

11 %

5

1000,00

5 %

17

6 %

4

2765,88

17,75 %

10

5789,76

Posted in Group10.