
Sam Z. answered 10/13/19
Math/Science Tutor
We got the same figure for 6yrs.
Instead of 6 yrs; I'll enter 5 yrs;=2105.35.
3rd time=2259.76


Sam Z.
Cancel the previous. I'm using: p=1700 int=.043 c=3 n=5 t=3 fv=2104.5510/13/19
Paul B.
asked 10/13/19I know the compound interest formula, and say I have £1,700 compounded for 6 years, 4 times a year at a rate of 4.3%, the end result is 2,197.35, however I want to find the value after each period, so using the same numbers, what if i wanted to find the value after 5 years, on the 3rd time compounding? Any help would be greatly appreciated.
Sam Z. answered 10/13/19
Math/Science Tutor
We got the same figure for 6yrs.
Instead of 6 yrs; I'll enter 5 yrs;=2105.35.
3rd time=2259.76
Sam Z.
Cancel the previous. I'm using: p=1700 int=.043 c=3 n=5 t=3 fv=2104.5510/13/19
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Sam Z.
I forgot to change the t to 3; the answer is 2720.25.10/13/19