Monday
April 20, 2015

Homework Help: Maths

Posted by Jannie on Monday, February 7, 2011 at 2:25am.

Suppose you were to leave $100 to be equally divided between your great great grandchildren 100 years from now. Given that you can secure annual interest at 6% pa, what would this amount be?
Find the compound interest, compounding monthly?
Please show all working out :)

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Science!! Please HELP - If a population consists of 10,000 individuals at time t...
eco - Suppose a person pays $80 of annual interest on a loan that has a 5 ...
Math - If you deposit P dollars into a bank account paying an annual interest ...
MATH - If C dollars are deposited in an account paying r percent annual interest...
Math Help - 1. 77 is what percent of 192? A. x/100=77/192;4.01%**** B. x/100=77/...
chem - Can someone please help me with the following questions? 1:Suppose you ...
math - The amount of money in an account with continuously compounded interest ...
Alg 2 - Suppose you deposit a principal amount of p dollars in a bank account ...
Alg2 - Help....Help... Suppose you deposit a principal amount of p dollars in a ...
finance - Barbara wants to save money to meet 2 objectives: i. She would like to...

Members