Asked by lerato
suppose that 700 is invested at 125 interest rate for one year
determine the future value if compounded semi annually
determine the future value if compounded semi annually
Answers
Answered by
Anonymous
fix your interest rate, and then we'll talk.
But it will be, as always,
P(1 + r/n)^n
But it will be, as always,
P(1 + r/n)^n
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