1.) $20,000 is invested at 4.8% p.a. interest compounded quarterly. Find the value of this investment after a. 1 year b. 3 years 2.) What will an investment of 30,000 Euros at 5.6% p.a. interest...


1.) $20,000 is invested at 4.8% p.a. interest compounded quarterly. Find the value of this investment after


a. 1 year


b. 3 years


2.) What will an investment of 30,000 Euros at 5.6% p.a. interest compounded annually amount to after 4 years?


3.) How much of this is interest?


4.) How much interest is earned by investing $80,000 at 4.4% p.a. for a 3 year period with interest compounded quarterly?




Jun 05, 2022
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