Jackie s parents invested a sum of money for her for 9 years

Last updated: 6/6/2023

Jackie s parents invested a sum of money for her for 9 years The investment earned an average of 7 5 compounded semi annually Jackie received 3500 when the investment matured How much did Jackie s parents invest QUESTION 8 A principal of 870 amounts to 1105 10 after 2 years The interest rate is compounded quarterly What is the annual interest rate QUESTION 9 unts to 1947 42 at 55 compounded annually How long does it take in years