Welcome to Maths Questions and Answers, where you can ask questions and receive answers from other members of Mathster.

Only your first name and the initial of your surname is publicly displayed for your privacy and protection. Please behave appropriately and with respect for others. Never give out personal identification or contact details. Mathster staff and your maths teacher reserve the right to terminate your access to this service at their discretion.

Most popular tags

How do you find out compound interest with £100, 2% and 5 months?

+1 vote
342 views asked Feb 12, 2015 by Crystel C a Novice (18 points)

2 Answers

+1 vote
 
Best answer

if it's compounded monthly, then

`(100 xx 1.02)^5`

answered Feb 28, 2015 by root r a Novice (29 points)
selected Mar 7, 2015 by Crystel C a
+1 vote

if it is compoundemonthly

(100x1.020

answered Mar 1, 2015 by Ellie S a Novice (48 points)

Related questions

–6 votes
1 answer 1,062 views
1,062 views
how do find the upper part of a fraction if there is no clue on telling you. question find the meaning of b b/5 = 9
asked Nov 24, 2015 by Scott v a Novice (27 points)
–3 votes
1 answer 381 views
381 views
Find the interest earned on a £300 investment at a compound interest rate of 9% for 2 years.
asked Apr 25, 2015 by Abdullahi I a Novice (32 points)
–2 votes
1 answer 367 views
367 views
how do you work out the circumfrance times by diameter
asked Mar 25, 2014 by Michael C a Novice (8 points)
–2 votes
0 answers 235 views
235 views
How do you change you password and username???
asked Jun 2, 2015 by Joselyn T a Novice (35 points)
–3 votes
1 answer 744 views
744 views
how do you do upper and lower bounds
asked Nov 4, 2014 by Sathurjan T a Novice (16 points)

Copyright 2013 Mathster.com

...