beautylong78 beautylong78

22-12-2020
Mathematics

contestada

find the interest earned on 45,000 at 14% for 8 years

Respuesta :

goddessboi goddessboi

22-12-2020

Answer:

$128366.39

Step-by-step explanation:

We will use the Simplified Compound Interest Equation:

P = C(1 + r)^t

P = 45000(1+0.14)^8

P = 45000(1.14)^8

P = 128366.389

So about $128366.39

Answer Link

Ahunanya Ahunanya

22-12-2020

Answer:

simple

Step-by-step explanation:

45000×14×8/100

5040000/100

=50400

Answer Link

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