Wednesday
August 20, 2014

Homework Help: Math!!!

Posted by Nicole on Sunday, February 26, 2012 at 12:04am.

Mrs wong wants to invest $50000 for 3 years.
Simple interest of 5% p.a. for the first year, and then interest compounded monthly at 3% p.a. in every subsequent year. Find the amount she will receive.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Compound math - (Future Value) Suppose you invest $8000 into an account that ...
Algebra - Show how you substitute the values into the formula, then use your ...
simple interest and compund interest. - 1) What is the final amount when $3000 ...
math - Suppose that you have $12,500 to invest over a 4 year period. There are ...
Math - Mr. Nielson wants to borrow $1,000 for 2 years. He is given the choice of...
Math - Please check my work, thank you If $7,800 is deposited into an account ...
math - A lender gives you a choice between the following two 30-year mortgages ...
Math - Gina plans to invest $12,000, part at 4% simple interest and the rest at ...
math - Jeanette wishes to retire in 30 years at age 55 with retirement savings ...
MatHematics - After a 20 year period Josh's lump sum investment matures to an ...

Search
Members