Question
You have $8000 in your savings account which earns interest at 2.9% p.a. compounded quarterly. How many years does it take for you to earn
You have $8000 in your savings account which earns interest at 2.9% p.a. compounded quarterly. How many years does it take for you to earn total interest of $500? (Round your answer to 2 decimal places. Do not put unit. Do not use comma separators. e.g. 1234.56) Answer: Make sure you round up to 2 decimal placese please
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
4th Edition
0273710397, 978-0273710394
