Register
When Gemma was born, her grandmother invested $200 000 in a building society for her. Find the value of this investment after 18 years if the interest rate is 4% per year and the interest is compounded
54.2k views
21 votes
When Gemma was born, her grandmother invested $200 000 in a building society for her. Find the value of this investment after 18 years if the interest rate is 4% per year and the interest is compounded quarterly.

User Trae
by
4.3k points

1 Answer

12 votes

Answer:

570.87

Explanation:

User Chathuri Fernando
by
4.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.3m questions

5.6m answers

Other Questions

Before beginning voice lessons, Aubrey already knew how to sing 357 pieces, and she expects to learn 2 new pieces during each week of lessons. After 78 weeks of voice lessons, how many pieces will Aubrey
A study was completed in Florida. In southern Florida, the study involved 3,000 patients; 54% of them experienced flulike symptoms during the same month. The study had a margin of error of 1.8%. What does
Please answer asap.......... ...
Can someone help me plz I have to Turn 27/9 in simplest
What value of x makes the following true? 2(x + 10) = 4( 2x - 1)
Link Copied!