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

Factoring, 8y square minus2

8y square minus2

Determinarte, what is the differeance in between determinate and matrix .

what is the differeance in between determinate and matrix .

A fire in a building b is reported on telephone, A fire in a building B is ...

A fire in a building B is reported on telephone to two fire stations P and Q, 10km apart from each other on a straight road. P observes that the fire is at an angle of 60 o to th

Integers, hi i would like to ask you what is the answer for [-9]=[=5] grade...

hi i would like to ask you what is the answer for [-9]=[=5] grade 7

Math, how do you add all the Y.AND X UP WITH 3

how do you add all the Y.AND X UP WITH 3

What is the new cost of the pants, A pair of pants costs $24. The cost was ...

A pair of pants costs $24. The cost was decreased by 8%. What is the new cost of the pants? If the cost of the pants is decreased by 8%, the cost of the pants is 92 percent of

Calculate the slope of the line, Calculate the slope of the line: Exa...

Calculate the slope of the line: Example: calculate the slope of the line whose equation is y = 2x + 3 and whose y-intercept is (0,3). Solution: y =

.fractions, what is the difference between North America''s part of the tot...

what is the difference between North America''s part of the total population and Africa''s part

Rounding decimals, i need help rounding decimals to the nearest 100th and t...

i need help rounding decimals to the nearest 100th and tenth

Ampltude and period, find the amplitude and period of y=3 sin 2 pi x

find the amplitude and period of y=3 sin 2 pi x

Write Your Message!

Name

Email id

Message

Verfication Code

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!

Submit Assignment

User Account

All Pages