Posted by **Ais** on Tuesday, January 29, 2013 at 4:59pm.

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

Investment that offers a rate of 2.25% per annum, compounded semi-anually.

Investment that offers a rate of 2.15% per annum, compounded quarterly.

Investment that offers a rate of 1.95% per annum, simple interest.

How do I calculate this?

- Math help! -
**Reiny**, Tuesday, January 29, 2013 at 5:03pm
Use the value of $1.00

a) amount = 1(1 + .0225/2)^2 = 1.022626..

b) amount = 1(1 + .0215/4)^4 = 1.02167

c) amount = 1 + 1(.0195)(1) = 1.0195

looks like the first

- Math help! -
**CArrie**, Thursday, April 4, 2013 at 5:55pm
How much should I deposit at the end of each month into and investment account that pays 9% copounded mothly to have 4 million when I retire in 43 yrs. What is the interest that comes form the 4 million

## Answer This Question

## Related Questions

- Math - Which is the better investment over a y year term? Calculate each one. ...
- Math - How to calculate this? 4 year term investment. The investment offers a ...
- Help Please Math - A principal of $2500 is invested,part at 8% per annum and the...
- Finance - Investment X offers to pay you $5,500 per year for nine years, whereas...
- Finance - Investment X offers to pay you $6,000 per year for nine years, whereas...
- math - A local bank offers an investment option with a simple interest rate of 3...
- Algebra - An investment grows according to the exponential equation y = 15,000...
- Algebra 1 - An investment grows according to the exponential equation y = 15,000...
- math - jodi earns a simple interest of R1200 on a 4-year investment paying 6% ...
- Maths - Lennon invest 5 600 at an interest rate of 9.5 percent per annum, ...

More Related Questions