if a women invested r2500 at age 25 at 6 per annum the interest compounded quarterly how much wo

Name: if a women invested r2500 at age 25 at 6 per annum the interest compounded quarterly how much would it be worth when she reached age 65
Uploaded: 2023-08-15T16:47:04-08:00
Duration: 2 min 26 s
Channel: Audrey Fong
Description: if a women invested r2500 at age 25 at 6 per annum the interest compounded quarterly how much would it be worth when she reached age 65

Question

Audrey Fong · Accepted Answer

First, we need to calculate the number of quarters between the ages of 25 and 65. There are 40 y

Question

If a women invested R2500 at age 25 at 6% per annum. The interest compounded quarterly, how much would it be worth when she reached age 65?

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