O Jolr Compey oauts do luveet ts net profite Of $ 93,00o for 3 years Chedit union either a Tocal or d Lant. The Credit ieu prouides Anterest ef 4050% Coupounded Monthly,cchite Hhe local buuk provides lutereet of 5.00% SEmie auncially- Compauucded a Wheet caould be He waturity ralue of te lutestment uuder Hhe Ciedit uniou coptioui? b. ithat uould be Hhe maturity lalue of the Incvestalent under the lo Cel bank otion? Rond to thre nearest Cent Ccohich ot te tuoo opticus uoill ejre ld Mte bigheet return? "डाव

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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OJohn Compary Wauts
to luvcest ?ts
net profite of $ 93,000 for 3
yours.
Pu einher a
Chedit uniou
local
or d
laant. The
Credit cmiere prouideS
Anterest ef 4.50% Compounded
monthlyt
provides luteret of 5.00%
cohite tre local buk
Compouuched
Semie
aunually-
a. Wheet coould be He maturity
yalue of the luctestmeut uuder
Hhe
Credit unioe coptiou?
b. lhat uoOuld be He maturity clalue of the
Incestalent cuder the loccel bank Option?
Rond to thre nearest cent
C.cohich of the tuoo opticus woill cield
Me bighreet return?'
Transcribed Image Text:OJohn Compary Wauts to luvcest ?ts net profite of $ 93,000 for 3 yours. Pu einher a Chedit uniou local or d laant. The Credit cmiere prouideS Anterest ef 4.50% Compounded monthlyt provides luteret of 5.00% cohite tre local buk Compouuched Semie aunually- a. Wheet coould be He maturity yalue of the luctestmeut uuder Hhe Credit unioe coptiou? b. lhat uoOuld be He maturity clalue of the Incestalent cuder the loccel bank Option? Rond to thre nearest cent C.cohich of the tuoo opticus woill cield Me bighreet return?'
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