# Math

posted by .

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 -

done, look at your other post

## Similar Questions

1. ### Maths

Get Rich Quick Investments LTD offers 2 investment schemes. Scheme 1: Earn 6.5% interest per year, compounded monthly. Scheme 2: Earn 6.45% interest per year, compounded daily. An investor reasons that Scheme 2 should be the best because …
2. ### Finance

Investment X offers to pay you \$6,000 per year for nine years, whereas Investment Y offers to pay you \$8,000 per year for six years. If the discount rate is 5 percent, Investment X has a present value of ?
3. ### math 20 please check

Jacob is 25 yrs old and hopes to retire by 55. He invests \$22,000 in an RRSP that earns a rate of 9.7% per annum, compounded quarterly. What will his investment be at age 55?
4. ### math

Suppose that you have \$12,500 to invest over a 4 year period. There are two accounts to choose from: 4.5% compounded monthly or 4.3% compounded continuously. a. Write the formula for the first account’s compound interest for n compounding …
5. ### Math

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
6. ### Math help!

Which is the better investment over a y year term?