Thursday

July 24, 2014

July 24, 2014

Posted by **Anonymous** on Tuesday, January 29, 2013 at 1:20pm.

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.

- Math -
**Jennifer**, Wednesday, January 30, 2013 at 8:33pmLet P be the principal invested. The amount at the end of four years will be for each scenario

1: P*(1+0.0225/2)^(4*2)

2: P*(1+0.0225/4)^(4*4)

3: P*(1.0195^4)

**Related Questions**

Math help! - Which is the better investment over a y year term? Calculate each ...

Math - Which is the better investment over a y year term? Calculate each one. ...

compounded interest - A bank offers a rate of 5.3% compounded semi-annually on ...

math & finance - A bank offers a rate of 5.3% compounded semi-annually on its ...

Compound Interest - A bank offers a rate of 5.3% compounded semi-annually on its...

Help Please Math - A principal of $2500 is invested,part at 8% per annum and the...

Math - Meg's pension plan is an annuity with a guaranteed return of 9% interest ...

Maths - Lennon invest 5 600 at an interest rate of 9.5 percent per annum, ...

Maths - Get Rich Quick Investments LTD offers 2 investment schemes. Scheme 1: ...

Finance - Investment X offers to pay you $5,500 per year for nine years, whereas...