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

Arthemetic progreession, ball are arranged in rows to form an equilateral t...

ball are arranged in rows to form an equilateral triangle .the firs row consists of one abll,the second of two balls,and so on.If 669 more balls are added,then all the balls canbe

.., rectangles 7cm by 4cm

rectangles 7cm by 4cm

Define markov chain, Define Markov chain Random processes with Markov ...

Define Markov chain Random processes with Markov property which takes separate values, whether t is discrete or continuous, are known as Markov chains.

Probability transition matrices or brand switching, Define the Probability ...

Define the Probability Transition Matrices or Brand switching.

Applications of rational numbers, Kaylee makes 56 packages in seven hours T...

Kaylee makes 56 packages in seven hours Taylor makes 20% more packages in nine hours who makes more packages per hour

Define universal set, Q. What is set theory? Define universal set? Ans...

Q. What is set theory? Define universal set? Ans. The  universe , or  universal set , written as  U , is the set that contains all elements being considered in a given dis

Example of intersection, Can anybody provide me the solution of the followi...

Can anybody provide me the solution of the following example? You are specified the universal set as T = {1, 2, 3, 4, 5, 6, 7, 8} And the given subjects of the universal s

Circle, in one point of the circle only one tangent can be drawn. prove

in one point of the circle only one tangent can be drawn. prove

How to dividing rational expressions, How to Dividing Rational Expressions ...

How to Dividing Rational Expressions ? To divide two fractions, or rational expressions, keep in Mind that division is the same as multiply by the Reciprocal of the second fra

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