Respuesta :

Samawati

Answer:

$12,936,120

Explanation:

The formula for calculating compound interest

=FV = PV × (1+r)n

Fv = future value

PV present value

r interest rate =10 %

t =time = 5 years

Future value= 12million x(1+10/100)5

                    =12,000,000 x (1+0.1)5

                    =12,000,000x1.61051

                    =  $12,936,120