3 Answered Questions for the topic Compound Interest And Geometric Growth

Compound Interest And Geometric Growth

06/25/17

Which investment do you recommend to your uncle?

Your Uncle Black wants to help you get a start in life after college by setting aside $10,000 now- but you get it only after you finish college, three years from now. Since you are taking this... more
Compound Interest And Geometric Growth

06/21/17

What is the interest at the end of one year if the interest paid is compounded daily?

You deposit $100,000 at 1.2% per year in a money market account. What is the interest at the end of one year if the interest paid is compounded daily?
Compound Interest And Geometric Growth

06/20/17

What is the interest at the end of one year if the interest paid is compounded quarterly and annually?

I deposit $100.000 at 1.2% per year in a money market account. What is the interest at the end of one year if the interest paid is compounded annually and quarterly?

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