compound and simple interest, Mathematics

Assignment Help:
Your grandparents gave you a gift of R2 000 on your 16th birth day. You want to invest the money in an account over four years. You have an option of investing the R2 000 at 8% per annum simple interest or 8% per annum compound interest.Determine,through calculations, which investment will be more profitable.

Related Discussions:- compound and simple interest

How far off shore is the sinking ship, A sinking ship signals to the shore ...

A sinking ship signals to the shore for assistance. Three individuals spot the signal from shore. The ?rst individual is directly perpendicular to the sinking ship and 20 meters in

What is the ratio of the areas of sectors , What is the ratio of the areas ...

What is the ratio of the areas of sectors I and II ?                               (Ans:4:5) Ans:    Ratio will be 120/360  Π r 2 : 150/360  Π r 2 4/12  : 5/12  =

Y=Theea[sin(inTheeta)+cos(inTheeta)], Y=θ[SIN(INθ)+COS(INθ)],THEN FIND dy÷d...

Y=θ[SIN(INθ)+COS(INθ)],THEN FIND dy÷dθ. Solution)  Y=θ[SIN(INθ)+COS(INθ)] applying u.v rule then dy÷dθ={[ SIN(INθ)+COS(INθ) ] dθ÷dθ }+ {θ[ d÷dθ{SIN(INθ)+COS(INθ) ] }    => SI

Question, If X = {a, e, i, o, u} and Y = {a, b, c, d, e}, then what is Y - ...

If X = {a, e, i, o, u} and Y = {a, b, c, d, e}, then what is Y - X ?

Rewriting percent expressions, i have trouble going through problem in this...

i have trouble going through problem in this lesson. Markdown and Markups are theh ones im stuck in

Interpretations of derivatives, Interpretations of derivatives. Exampl...

Interpretations of derivatives. Example:   Find out the equation of the tangent line to                                       x 2 + y 2   =9 at the point (2, √5 ) .

Problem solver, a bathroom measure 250 cm by 175 cm calculate the side of t...

a bathroom measure 250 cm by 175 cm calculate the side of the largest square tile that can tile the floor

Complex numbers, How t determine locus of a goven point

How t determine locus of a goven point

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