Tuesday
September 2, 2014

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 ...
Trigonometry - The value V, of a $100,000 investment that earns 3% annual ...
Business Maths - How do i calculate this problem and enter it in a journal entry...
Business Maths - Please how do i calculate this problem and enter it in a ...
U.S. History - This isnt homework but I found out that I am related to kit ...
Finance - You deposit $1000 for 5 years at 4% annual interest. In 5 years, you ...
statistics - A professional basketball player has embarked on a program to study...
math- pre calculus - you are depositing $1000 dollars in a savings account and ...
4th GRADE MATH - WHAT IS 2/5 OF $50.00 AND WHAT IS 3/10 OF $50.00...IF YOU SHOW ...

Search
Members