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

3/8:5/9, how do I change this ratio to a fraction

how do I change this ratio to a fraction

Fraction, 2 over 11 + 2 over 33

2 over 11 + 2 over 33

Differential equation, xy

What is geometry formula to estimate distance, Danielle requires knowing th...

Danielle requires knowing the distance around a basketball court. What geometry formula will she use? The perimeter of a rectangle is two times the length plus two times the wi

Numeros complejos, como realizar la i elevavda a la 243

como realizar la i elevavda a la 243

Trig functions:, Trig Functions: The intent of this section is introducing...

Trig Functions: The intent of this section is introducing you of some of the more important (from a Calculus view point...) topics from a trig class. One of the most significant

Vectors, calculate the vector LM given l(4,3),m(-1,2)

calculate the vector LM given l(4,3),m(-1,2)

The width of a rectangle is 30.5% of its length, The width of a rectangle i...

The width of a rectangle is 30.5% of its length l. Write a formula for the area and perimeter of the rectangle in terms of l only

Inside function and outside function, "Inside function" and "outside functi...

"Inside function" and "outside function : Generally we don't actually do all the composition stuff in using the Chain Rule. That can get little complexes and actually obscures the

Linear algebra, what is your prices

what is your prices

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