Mathematics, 11.06.2021 01:00 lilycastillo15

A sum of money was invested at compound interest of 6% per annum. If the interest for the second year was $15.54, what was the amount of the loan?

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A sum of money was invested at compound interest of 6% per annum. If the interest for the second yea...

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A sum of money was invested at compound interest of 6% per annum. If the interest for the second year was $15.54, what was the amount of the loan?​

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Another question on Mathematics

A sum of money was invested at compound interest of 6% per annum. If the interest for the second year was $15.54, what was the amount of the loan?