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

Geometry, prove angle MJL is congruent to angle KNL

prove angle MJL is congruent to angle KNL

#titconquent trianglr.., what is an isosceles triangle? ..

what is an isosceles triangle? ..

Particular to general-how mathematical ideas grow, Particular to General : ...

Particular to General : When I say 'tail', what do you think of? Do you think of the tail of a horse, or of a monkey? Or do you think of the tail of your pet dog? The tail of

rules for solving linear in-equations - linear algebra, Explain what are t...

Explain what are the Rules for solving linear in-equations?

Saxon math, what is the are of a square that is 2 inches long and 2 inches...

what is the are of a square that is 2 inches long and 2 inches wide?

Close Figure, What is a close figure in plane?

What is a close figure in plane?

#i need help on my math homework its on algabraitle.., The question is: If ...

The question is: If 0.2 x n = 1.4,what is the value of n.

Decimals, how will the decimal point move when 245.398 is multiplied by 10

how will the decimal point move when 245.398 is multiplied by 10

Laplace transforms, Here is not too much to this section. We're here going ...

Here is not too much to this section. We're here going to work an illustration to exemplify how Laplace transforms can be used to solve systems of differential equations. Illus

Metric measurement, what is a liter

what is a liter

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