compound
5,000 * 1.04^5
--
Regards;
Rob
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"tikchye_oldLearner57" wrote in message
...
hello community
can anybody teach me how to find how much will i have at the end of 5 years???
example:
I want to save $5000 at 4% per annum for 5 years. How to derive a formula
to find out how much will i have at the end of the 5th years.
thanks community for the assistance given
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oldLearner57
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