GOAL: To make a tentative computation of investment. Compare the computation of simple and compound interest showing in a tabular form. ROLE: You are a financial advisor of an investment company, who are guiding client in his investment. SITUATION: Your client ask you to compute showing how much will be his return of investments after 5yrs, 10 yrs, and 20 yrs. If he will Invest 12,500.00 3.5% of interest annually. PERFORMANCE: You are expected to present a tentative computation showing his return of investment after 5, 10, and 20 yrs. Make a table showing his investment in simple and compound interest.
GOAL: To make a tentative computation of investment. Compare the computation of simple and compound interest showing in a tabular form. ROLE: You are a financial advisor of an investment company, who are guiding client in his investment. SITUATION: Your client ask you to compute showing how much will be his return of investments after 5yrs, 10 yrs, and 20 yrs. If he will Invest 12,500.00 3.5% of interest annually. PERFORMANCE: You are expected to present a tentative computation showing his return of investment after 5, 10, and 20 yrs. Make a table showing his investment in simple and compound interest.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 2E
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our lesson is about SOLVING COMPOUND INTEREST. Please put it in a table. thanks
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