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

Calculate the area of the ade and compare it with abc, The vertices ...

The vertices of a ? ABC are A(4, 6), B(1. 5) and C(7, 2). A line is drawn to intersect sides AB and AC at D and E respectively, such that AD/AB = AE/AC = 1/4 .Calculate the ar

What are logarithmic function, The logarithm of a provided number b to the ...

The logarithm of a provided number b to the base 'a' is the exponent showing the power to which the base 'a' have to be raised to get the number b. This number is defined as log a

Rules for inequalities, Here we look at only the rules without going ...

Here we look at only the rules without going into their proofs. They are: a 0. If a If a If a

Division Remainders, what is the remainder when 75 is divided by 4

what is the remainder when 75 is divided by 4

How are Indian customers visiting Shoppers’ Stop any differe, How are India...

How are Indian customers visiting Shoppers’ Stop any different from customers of developed western countries?

Algebraic word problems, Algebraic Word Problems: Equations: 1....

Algebraic Word Problems: Equations: 1. The total electrical output of one nuclear facility is 200 megawatts more than that of another nuclear facility. Let L be the

Iti, Gm signal is better than am signal becuase

Gm signal is better than am signal becuase

Division, 50387 divided by 21

50387 divided by 21

Obtain the number of significant modes, On the Assessment page for the modu...

On the Assessment page for the module Moodle site you will find five frequency response functions for the frequency range 20 to 100 Hz in the EXCEL spreadsheet "FRF_Data". These a

College algebra, how to compute area

how to compute area

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