PLEASE HELP! I HAVE BEEN AT THIS FOR A LONG TIME!. For each investement, 25 000 is deposited in an account. How much is each payment? (a. 8% per annum, compounded annually, with annual payments starting

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asked Sep 11, 2022 142k views

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PLEASE HELP! I HAVE BEEN AT THIS FOR A LONG TIME!.

For each investement, 25 000 is deposited in an account. How much is each payment?

(a. 8% per annum, compounded annually, with annual payments starting in a year.

Mathematics
high-school

Yierstem asked

by Yierstem

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Answer:

Annual payment wil be 2,001 and total amount after compounded annually will be 27,001

Fscof answered Sep 17, 2022

by Fscof

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