EM-1172
Direct proportion
E Math · Secondary 3 · Medium · Direct proportion
2 A sum of \$5000 is invested at a compound interest rate of 4% per year.
Using the compound interest formula , find the total amount after 3 years, correct to the nearest dollar.
Using the compound interest formula , find the total amount after 3 years, correct to the nearest dollar.
- \$5624
- \$5600
- \$5200
- \$5800
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