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Calculate total owed on $17,000,000,000 at 10% annual compound interest over 31 years

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Calculate total owed on $17,000,000,000 at 10%...

Owed by USA to Nicaragua judgment of World Court of Justice

compound interest

asked Oct 5, 2015 in Other Math Topics by anonymous

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1 Answer

The growth over 31 years is given by 1.1^31=19.1943. When applied to the amount is 3.263*10^11=0.3263 trillion dollars, or $326,300,000,000.

answered Oct 5, 2015 by Rod Top Rated User (1.2m points)

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