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1206x_{12}
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1206x_{12}
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1200\left(1+0.005\right)x_{12}
Multiply 100 and 12 to get 1200.
1200\times 1.005x_{12}
Add 1 and 0.005 to get 1.005.
1206x_{12}
Multiply 1200 and 1.005 to get 1206.
1200\left(1+0.005\right)x_{12}
Multiply 100 and 12 to get 1200.
1200\times 1.005x_{12}
Add 1 and 0.005 to get 1.005.
1206x_{12}
Multiply 1200 and 1.005 to get 1206.
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