Saturday

September 20, 2014

September 20, 2014

Posted by **Jp** on Saturday, January 5, 2013 at 5:27pm.

- math -
**Ms. Sue**, Saturday, January 5, 2013 at 5:38pmSimple interest pays the same rate every year on only the initial amount invested.

Compound interest pays on the accumulated interest as well as the original investment.

http://www.basic-mathematics.com/simple-vs-compound-interest.html

An annuity is designed to pay the holder a fixed amount of money in regular payments.

http://www.investopedia.com/terms/a/annuity.asp#axzz2H8vy1uYv

- math -
**Jp**, Saturday, January 5, 2013 at 5:44pmthanks ms. sue:-)

- math -
**Ms. Sue**, Saturday, January 5, 2013 at 5:47pmYou're welcome, Jp.

**Answer this Question**

**Related Questions**

Visual Basic 2008 Programming - Help! I'm not sure how to start or how calculate...

Math - Pre Algebra - Simple and Compound Interest Find the simple interest. ...

Social Studies - I was wondering if I could check my answers with someone. I'm a...

SS - Rohan has 100 dollars that he wants to save in a bank. Bank A offers two ...

computer science - When $1000 is deposit at 5% simple interest, the amount grows...

Dont I need more info for this Math problem?? - You borrow $2,000 at a rate of 3...

Algebra - Maybe that was to confusing...we have a data sheet to fill out - 2 ...

business Math - Carl Sonntag wanted to compare what proceeds he would receive ...

maths - simple interest and compound interest on what sum will the compound ...

math (SIMPLE INTEREST) - 1.find a)simple interest earned b) simple amount for ...