WebDaisy invested 37 000 Australian dollars (AUD) in a fixed deposit account with an annual interest rate of 6.4% compounded quarterly (a) Calculate the value of Daisy's Investment after 2 years. [3] After m months, the amount of money in the fixed deposit account has appreciated to more than 50 000 AUD. (b) Find the minimum value of m, where meN. [4] WebMar 7, 2024 · exchange rate is 1 AUD = x USD. (b) C lculate e minimum value of x. 3. Jacob invested x EUR for 43 years. The investment has a nominal annual interest rate of 3.2% and is compounded quarterly. After 43 years, the investment will be worth 52300 EUR. (a) Calculate the value of Jacob's initial investment, x. Give your answer to two decimal …
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WebDaisy invested 37000 Australian dollars (AUD) in a fixed deposit account with an annual interest rate of 6.4% compounded quarterly. (a) Calculate the value of Daisy's investment after 2 years. After m months, the amount of money in the fixed deposit account has appreciated to more than 50000 AUD. WebCreated Date: 2/21/2024 1:21:32 PM how to soften and store brown sugar
2. [Maximum Mark: 13] Give your answers in parts (a), (d)(1), ()...
WebMay 7, 2024 · Daisy invested 37 000 Australian dollars (AUD) in a fixed deposit account with an annual interest rate of 6.4 % compounded quarterly. (a) Calculate the value of Daisy’s investment after 2 years. [3] After m months, the amount of money in the fixed deposit account has appreciated to more than 50 000 AUD. (b) Find the minimum value … WebConvert 37000 AUD to USD with the help of Myfin.us. ⭐ How much is 37,000 Australian Dollar to US Dollar, current exchange rate, 📈 charts and historical changes. WebJackson invested 12 000 Australian dollars (AUD) in a bank that offered simple interest at an annual interest rate of r %. The value of Jackson’s investment doubled after 20 years. Maddison invests 15 000 AUD in a bank that offers compound interest at a nominal annual interest rate of 4.44 %, compounded quarterly. novartis tube feeding