You invest 4000 in a fund which earns 11% compound interest pr year.how much would the fund be worths after 10 year?
How much would the fund be worth after 10 years if the interest were calculated using simple interest?
Indicate the difference bwtween simple and compound interest.
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You invest 4000 in a fund which earns 11% compound interest pr year.how much would the fund be worths after 10 year?
How much would the fund be worth after 10 years if the interest were calculated using simple interest?
Indicate the difference bwtween simple and compound interest.
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