Mathematics, 02.09.2019 07:30 bionicboy03120440

F$22,000 is invested in an account for 25 years. calculate the total interest earned at the end of 25 years if the interest is:
(a) 5% simple interest: $
27500
(b) 5% compounded annually: $
52499.81
(c) 5% compounded quarterly: $
54194.89
(d) 5% compounded monthly:

Answers: 1

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F$22,000 is invested in an account for 25 years. calculate the total interest earned at the end of 25 years if the interest is: (a) 5% simple interest: $ 27500 (b) 5% compounded annually: $ 52499.81 (c) 5% compounded quarterly: $ 54194.89 (d) 5% compounded monthly:

Answers

Another question on Mathematics

F$22,000 is invested in an account for 25 years. calculate the total interest earned at the end of 25 years if the interest is:
(a) 5% simple interest: $
27500
(b) 5% compounded annually: $
52499.81
(c) 5% compounded quarterly: $
54194.89
(d) 5% compounded monthly: