2 Answered Questions for the topic Compounded

12/14/20

Pre calculus compounding interest questions

You have received a large inheritance your goal is to double it. How long will it have to remain on each of the following investments to reach your goala) compounded monthly at an APR of 18.55%b)... more
Compounded Quarterly

03/26/14

how much money should the department deposit at the end of each quarter?

The Math department purchased a copy machine for $ 12000. After 5 years, the machine will be worthless. How much money should the department deposit at the end of each quarter, if the money is... more

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