Accumulated amount , Mathematics

Assignment Help:

$26,000 is spended for two years. In the first year it gets interest at 8.3% p.a. compounded semi annually. In the same year the rate of interest changes to 7.5% p.a. compounded daily (Suppose 365 days in a year).  

(i) Find the accumulated amount at the finish of 2 years.

(ii) Find the interest rate p.a. compounded annually, that would give the similar accumulated value at the end of 2 yrs.


Related Discussions:- Accumulated amount

If t2+t+1=0 , t=w,w 2 L.H.S (w+w 2 ) + (w 2 + w) 2 ........  1  + 1 ....

t=w,w 2 L.H.S (w+w 2 ) + (w 2 + w) 2 ........  1  + 1 ..... But every third term is of the form: (w 3n +w 3n ) 2 =22 There are nine such terms. Their sum is 36. The rema

how large a sample is necessary to have a standard error, If the populatio...

If the population standard deviation is o=8, how large a sample is necessary to have a standard error that is: a.  less than 4 points? b.  less than 2 points? c.  less than 1 poin

Consumer behaviour, what is consumer behaviour according to accounting

what is consumer behaviour according to accounting

FRACTION, HOW TO ADD MIXED FRACTION

HOW TO ADD MIXED FRACTION

Other ways to aid learning maths, OTHER WAYS TO AID LEARNING :  Here we sh...

OTHER WAYS TO AID LEARNING :  Here we shall pay particular attention to the need for repetition, learning from other children, and utilising errors for learning.

Determine a meet b and a join b, Given A and B                 A =  |  1...

Given A and B                 A =  |  1  0  1  |         B =   |  1  1  0  |                       |  1  1  0  |                 |  0  1  1  |                       |  0

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd