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October 21, 2016
Posted by **James** on Sunday, July 1, 2012 at 4:46pm.

- Math -
**Ms. Sue**, Sunday, July 1, 2012 at 4:47pmWhat is your question?

- Math -
**Steve**, Sunday, July 1, 2012 at 5:39pmThe simplest formula using such values is probably for simple interest: the amount of interest if 80000 is invested for 15 years at 10.5% compounded monthly:

80000*.105/12*15 = 10500