Ask Question
1 April, 09:51

If $20,900 is invested at an interest rate of 8 percent per year, find the value of the investment at the end of 5 years for the following compounding methods.

Anual, semiannual, monthly, daily, continuously

+5
Answers (1)
  1. 1 April, 10:16
    0
    annual

    Step-by-step explanation:

    You make a single deposit of $100 today. It will remain invested for 4 years at 8% per year compounded annually. What will be the future value of your single deposit at the end of 4 years?
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If $20,900 is invested at an interest rate of 8 percent per year, find the value of the investment at the end of 5 years for the following ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers