Search This Blog


Wednesday, April 13, 2011

College Mathematics

Tonights assignment is the following:

Suppose you deposit $1,500 in an account that pays 1.15% and left alone for 3 years. How much will be in the account if your money is compounded:

a) yearly b) semi-annunally c) quarterly d) monthly.

Remember, quiz on Friday!

No comments:

Post a Comment