The document shows a table calculating compound interest over 30 months on an initial capital of $10,000 with a monthly interest rate of 0.5%. Each month the interest is added to the running balance and earns interest along with the original capital. After 30 months the balance has grown to $11,614 from the initial $10,000 capital.
The document shows a table calculating compound interest over 30 months on an initial capital of $10,000 with a monthly interest rate of 0.5%. Each month the interest is added to the running balance and earns interest along with the original capital. After 30 months the balance has grown to $11,614 from the initial $10,000 capital.
Original Description:
TABLA PARA CALCULAR INVERSION CON INTERES COMPUESTO
The document shows a table calculating compound interest over 30 months on an initial capital of $10,000 with a monthly interest rate of 0.5%. Each month the interest is added to the running balance and earns interest along with the original capital. After 30 months the balance has grown to $11,614 from the initial $10,000 capital.
The document shows a table calculating compound interest over 30 months on an initial capital of $10,000 with a monthly interest rate of 0.5%. Each month the interest is added to the running balance and earns interest along with the original capital. After 30 months the balance has grown to $11,614 from the initial $10,000 capital.