Asked by chun

Find the interest earned if RM 7,500 is invested for six years 6.4% compounded quarterly.
Answered by Reiny
7500(1 + .064/4)^24 - 7500 = ....
Answered by chun
At the end of every year for three years, RM 1,000 is invested in a account that offers 8% compounded annually. Find the account amount at the end of the three years.
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