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  • Winston Ong Math 346 Problem #2 I 0.05 I 0.01 I .1 D D (1 +) I 0.08

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    Winston Ong
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    This math problem involves compound interest calculations. The interest rates provided are 0.05 for 3 years, 0.01 for 1 year, and 0.1 for 8 years. An equation is given for finding the value after 4 years with a certain interest rate compounded annually. The interest rate for half a year is also provided.

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    346#1.2

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    This math problem involves compound interest calculations. The interest rates provided are 0.05 for 3 years, 0.01 for 1 year, and 0.1 for 8 years. An equation is given for finding the value after 4 years with a certain interest rate compounded annually. The interest rate for half a year is also provided.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    14 views1 page

    Winston Ong Math 346 Problem #2 I 0.05 I 0.01 I .1 D D (1 +) I 0.08

    Uploaded by

    Winston Ong
    This math problem involves compound interest calculations. The interest rates provided are 0.05 for 3 years, 0.01 for 1 year, and 0.1 for 8 years. An equation is given for finding the value after 4 years with a certain interest rate compounded annually. The interest rate for half a year is also provided.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Winston Ong

    Math 346
    Problem #2

    i(3) = 0.05
    i = 0.01
    i(8) = .1

    d=

    d(4) = (1 + )4
    i(½) = 0.08
    =

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