24.9k views
4 votes
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​

User Adam Brown
by
7.7k points

1 Answer

7 votes

Answer:

p(2 1000 happy birthday te

User TKoL
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories