Qualification > Math

C1 and C2 DOUBTS HERE!!!!!

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Saladin:

--- Quote from: Khey on May 04, 2010, 06:04:04 pm ---A bank account pays 11.5% per annum compound interest, Shan deposites $400 in this account at the start of the year.
(a) Show the at the start of the year, after the annual deposit has been made, the amount in the account was $1343.29
(b) Find the amount at the start of the12th year, after annual deposit has been made. Give your answer to 2.d.p

--- End quote ---

Are you missing a part of the question or anything?

no yikes, i havnt seen any1 wid so many doubts (no offence)

Khey [Rainbow]:
Q1) isnt 2! times 40 = 80??
but u say its 90

Saladin:

--- Quote from: Khey on May 04, 2010, 06:20:38 pm ---Q1) isnt 2! times 40 = 80??
but u say its 90

--- End quote ---

i corrected my post.

Khey [Rainbow]:
a) show that at the start of the third year....
nothing else is missing..
n sorry 4 da trouble

Saladin:

--- Quote from: Khey on May 04, 2010, 06:04:04 pm ---A bank account pays 11.5% per annum compound interest, Shan deposites $400 in this account at the start of the year.
(a) Show the at the start of the year, after the annual deposit has been made, the amount in the account was $1343.29
(b) Find the amount at the start of the12th year, after annual deposit has been made. Give your answer to 2.d.p

--- End quote ---

Please tell me where u got this question from, if it is a ppq, please post it.

(a)


(b)


The answer for b may be wrong, please give me the q from which u got it from.

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