an intrest problem

[Yomna Abo Gabal]

can you help me figure this out ? ?
if the intrest is compound yearly, calculate the amount when the principle is 7,400, the rate of interest 1st year increase 5%, and 2nd year decrease 2% and 3rd year decrease 3%.

and thank you for advance ??❤

 

[Deleted member 4993]

can you help me figure this out ? ?
if the intrest is compound yearly, calculate the amount when the principle is 7,400, the rate of interest 1st year increase 5%, and 2nd year decrease 2% and 3rd year decrease 3%.

and thank you for advance ??❤

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[lev888]

can you help me figure this out ? ?
if the intrest is compound yearly, calculate the amount when the principle is 7,400, the rate of interest 1st year increase 5%, and 2nd year decrease 2% and 3rd year decrease 3%.

and thank you for advance ??❤

7,400 is the initial amount?
First, add 5%. Then reduce the result by 2%. Then reduce the result by 3%.

 

[Steven G]

The rate of interest the 1st year increase by 5%. I have one question. What the interest rate in crease from? Does it go from 2% to 7% or 11% to 16%,....?

You also ask to calculate the amount? When? After 2 days? After 2 year? After 20 months?