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GuDViN [60]
2 years ago
10

Prem has $45000 to invest for 1 year. The bank tells him the interest rate is 6%. Calculate how much the investment is worth at

the end of the year…
1) If the interest is paid every 6 months
2) If interest is paid quarterly
Mathematics
1 answer:
il63 [147K]2 years ago
5 0

Answer:

1) $47,740.50

2) $47,761.36

Step-by-step explanation:

hope this helps :)

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