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In compound interest 1. An individual would like to have a capital of 200,000 euros in 8 years. If the annual rates are 4%, how
In compound interest 1. An individual would like to have a capital of 200,000 euros in 8 years. If the annual rates are 4%, how much would he have to invest today? 2. A customer of a bank invests 15,000 euros today. The interest rate offered by this bank is 3% per year. How much will he have in 5 years?
(please please solve both parts of this question urgently and perfectly. make sure to do it on a page with clear handwriting. Ian's mention each part of this question as you give. I will give positive rating)
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