A certain bank offers an interest rate of 12.5% on a 1 year fixed deposit and the interest is compounded at the end of the year. Suppose you invest $P for one year, and at the end of the year the investment is worth investment $9000. Calculate P.

# Mathematics?

- Posted:
- 3+ months ago by Niteshkum...
- Topics:
- year, bank, interest, ends, fixed, mathematics, years, deposit

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