\( \definecolor{colordef}{RGB}{249,49,84} \definecolor{colorprop}{RGB}{18,102,241} \)
Courses
About
Login
Register
C
(
)
⌫
π
e
7
8
9
\(\div\)
\(\sqrt{\,}\)
\(a^{b}\)
4
5
6
\(\times\)
\(\frac{a}{b}\)
ln
1
2
3
-
cos
cos⁻¹
0
.
=
+
sin
sin⁻¹
←
→
!
tan
tan⁻¹
You have \(\dollar 8000\) to invest for 5 years and there are 2 possible options you have been offered:
Option 1: Invest at \(9 \pourcent\) p.a. simple interest.
Option 2: Invest at \(8 \pourcent\) p.a. compound interest.
Calculate the amount accumulated at the end of the 3 years for option 1 (round to the neareast integer)
7
8
9
4
5
6
1
2
3
C
0
.
dollars
Calculate the amount accumulated at the end of the 3 years for option 2 (round to the neareast integer)
7
8
9
4
5
6
1
2
3
C
0
.
dollars
Decide which option to take.
Option 1
Option 2
Exit