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Kebonye is a student headboard to university and is a crucial spender she uses her monthly allowance to meet her needs and saved part of
Kebonye is a student headboard to university and is a crucial spender she uses her monthly allowance to meet her needs and saved part of it for a period of one year he accumulated savings for this. Amounted to USD 2500. She decided to open a fixed deposit account with the local bank which offers an in annual interest rate of 8% based on this scenario answer the following If interest is compounded annually how much interest will be going have end and end of 4 years How much interest will gibboney and if interest is compounded semi-annually How much compound interest will she have earned if interest is compounded quarterly
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