Invest $23,000 in a savings account at 4.25% interest compounded quarterly.
Invest into an ordinary annuity where $5,000 is deposited each year into an account that earns 6.6% interest compounded annually.
- Business Algebra - TutorCat, Tuesday, December 21, 2010 at 2:26am
Business Algebra - Diane, Tuesday, December 21, 2010 at 8:34am
Perfect and thank you so much!!! :)
Business Algebra - dee dee, Wednesday, February 1, 2012 at 4:21pm
3% compounded interest daily on one million dollars is how much monthly