posted by Anonymous on .
How to calculate this?
4 year term investment. The investment offers a rate of 2.25% per annum, compounded semi-annually.
Another investment offers a rate of 2.25% annum, per compounded quarterly.
Final investment offers a rate of 1.95% per annym, simple interest.
Let P be the principal invested. The amount at the end of four years will be for each scenario