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 |
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