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question 1 how much should allan invest today at 3.25% compounded semi-annually if he wants to have $20800 in 5 years to use a deposit
question 1
how much should allan invest today at 3.25% compounded semi-annually if he wants to have $20800 in 5 years to use a deposit to purchase a house?
question2
anna invested $17000 in an PRSP that was earning 2.25% compounded quarterly. how long did it take for this amount to grow to $38204.78
question3
martha deposited $15000 in her savings account that earns 3%compounded semi-annually. at the end of 3 years, she deposits an additional $12000 into this accout. what is the balanceafter 5 years?
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