單利息一問(求答案及詳細例式)

2010-12-30 10:39 pm
(求答案及詳細例式)
1)Keith deposited $36000 in bank at the beginning of this month at an interest rate of 12% p.a. compounded monthly .Find the amount obtained after 1 month .

回答 (1)

2010-12-30 10:47 pm
✔ 最佳答案
Required interest rate=12/12=1% (per monthly)
Amount obtained=36,000(1+1%)=36,000(1.01)=$36,360


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