Talk:Financial Math FM/Time Value of Money

if you invest tk.12000 today,how much will you have.. a) in 6 years at 7 percent? b) in 15 years at 12 percent?
 * I don't quite know what tk stands for. So, I will just omit it. Also, I assume the percent means compound interest rate. Then,


 * (a) The accumulated value is $$12000(1+7\%)^6$$
 * (b) The accumulated value is $$12000(1+12\%)^{15}$$ LeoChiukl (discuss • contribs) 06:40, 4 April 2022 (UTC)