Question
to pay for a dream cruise she want to take, sgaron opened an investment account in which she deposited R9000,00 .after 3 months her car
to pay for a dream cruise she want to take, sgaron opened an investment account in which she deposited R9000,00 .after 3 months her car broke down and she had to withdraw R2320 from the investments account for repairs. the account pays 10% interest per annum , compounded quarterly. how much money has she left for her trip in the account after three months ?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Routledge Handbook Of Financial Technology And Law
Authors: Iris Chiu, Gudula Deipenbrock
1st Edition
0367344149, 978-0367344146
