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A principal, $50 is invested at 8% interest for 2 years. Determine its future value if the interest is compounded [Hint: S = P (1 + r/100) n (a) semi-annually (b) quarterly (c) monthly
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Aug 26, 2023
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A principal, $50 is invested at 8% interest for 2 years. Determine its future value if the interest is compounded [Hint: S = P (1 + r/100) n (a) semi-annually (b) quarterly (c) monthly
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p(2 1000 happy birthday te
TKoL
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