Ask a New Question
Search
Suppose you invest $2,500 in an account bearing interest at the rate of 14% per year. What will the future value of your investment in six years?
1 answer
compound or simple interest?
Ask a New Question
or
answer this question
.
Similar Questions
Suppose that you want to deposit $8,000 in an RRSP account that pays interest at a fixed rate of 100r% per year compounded
1 answer
Suppose you wish to invest X dollars in a bank account which pays 5% per year. You want to use this account to pay for costs
0 answers
A women has a total of $9000 to invest. She invests part of money in an account that pays 8% per year and rest in account that
0 answers
(Future Value) Suppose you invest $8000 into an account that pays an annual interest rate of 6.2%. How much is in the account
2 answers
more similar questions