Mathematics for IGCSE & O level - Percentages (Section 6 - No. 47)
What will be the value of Martin's shares after 10 years if he had shares worth $8000 and they increased in value by 7.5% each year?
$16400
$16200
$16180
$16197
คำอธิบาย
A = P(1 + r/100)^n = 8000 * (1 + 7.5/100)^10 = $16197.06