# Math help!

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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! -

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! -

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

• Math help! -

22869

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