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OpenStudy (anonymous):
Helpp me please!
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OpenStudy (anonymous):
@ghazi could you please help?!
OpenStudy (ghazi):
see duration of investment is 25 years and rate of interest is 1.65%, principal sum of $1000...now you can use formula of compund interest to find the value
OpenStudy (ghazi):
\[M= P(1+i)^n\] now \[M= 1000(1+1.65)^{25}=1000*(2.65)^{25}\] does that help @babyhannah1213
OpenStudy (ghazi):
@babyhannah1213 ??
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