Respuesta :
Answer:
$600,000
Step-by-step explanation:
interest = 3/100 × 40,000 = $1200
4 months = 1/3 years
[tex]p = \frac{100 \times i}{rt} = \frac{100 \times 1200}{3 \times \frac{1}{3} } = 120000[/tex]
$120,000 in 1 year
5years, 120,000×5 = $600,000
Answer:
here u go
Step-by-step explanation:
$600,000
Step-by-step explanation:
interest = 3/100 × 40,000 = $1200