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October 20, 2014

October 20, 2014

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

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 5:03pmUse 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 5:55pmHow 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

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