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You have $10 000 to invest. If you invest it at 11.2% p.a. for six months, then invest the initial $10 000 together with any
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You have $10 000 to invest. If you invest it at 11.2% p.a. for six months, then invest the initial $10 000 together with any interest for a further 12 months at 12.7% p.a., what will be the value of your investment at the end of the 18-month period?
$11 901.12
$12 532.24
$11 830.00
$12 241.36
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