Help with math?

How do you calculate this task?

Compound interest

Cost = 1200ā‚¬

p%=3.9%

n= 8 years

Kn= ?

(1 votes)
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Takumi2007
11 months ago

You sure got the formula, right? If this is not the case:

Kn = K0 * (1 + p / 100)^n

Add the values accordingly and calculate the result.

SwaggyLaggy
11 months ago
Reply to  Werauch1mmer

You can calculate this with the logarithm

Takumi2007
11 months ago
Reply to  Werauch1mmer

Ich think https://www.gut-erklaert.de/mathematik/zinseszins-beCalculation-Formel-erklaerung.html Maybe you should help. There, the formula for calculating n is also explained.

ano78577
11 months ago

1200 Ɨ (1+ 0,039)^8