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-   -   If you deposit 15,000 in a bank account that pays 12% interest anually, how much will (https://www.askmehelpdesk.com/showthread.php?t=606565)

  • Oct 24, 2011, 05:23 PM
    rosienj686
    If you deposit 15,000 in a bank account that pays 12% interest anually, how much will
    If you deposit 15,000 in a bank account that pays 12% interest anually, how much will be in your account in 6 years?
  • Oct 24, 2011, 05:48 PM
    Fr_Chuck
    Thank you for taking your time to cut and paste your homework on our site. We do not do your homework here.

    We will help you to do it, so if you want to post what you think and how you got to it, we will be glad to help.

    You may tell teachers that 12 percent is not even a realistic amount any longer
  • Nov 1, 2011, 03:26 AM
    paresh_k2006
    After 6 years you will get 10800/- as an interest according to Fixed Flat Rate of Interest i.e.12%/- Annam & Suppose it's a Compounded an Interest then its will have 14.367.33 an interest.

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