if you can read english and you are good at math,please help me out with my math homework!
题目
if you can read english and you are good at math,please help me out with my math homework!
1.1.suppose you invest $1000 for five years at 6% simple interest.How does the simple interest compare to the compound interest?
2.find the amount of money in a savings account if $1000 is invested for five years at 6% interest compounded quarterly.
3.suppose you leave $100 in each of three bank accounts paying 5% interest per year.one account pays simple interest,one pays interest compounded semiannually ,and one pays interest compounded quarterly.find the amount of money in each account after three years.
i understand what it is talking about...
答案
1.1. suppose you invest $1000 for five years at 6% simple interest. How does the simple interest compare to the compound interest? compound interest: the interest of a sum of money is added to the pri...
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