Rosalia deposited a once-off amount of R25 000 into an account earning 9,75% interest per year, compounded quarterly. After five years, the interest rate changed to 10% per year, compounded weekly. At this stage she decided to deposit an extra R500 into this account, every week. After she has owned this account for a total of nine years, Rosalia decides to close the account. The amount of money that Rosalia can expect to withdraw after nine years is O A. R188 074,50. OB. R167 519,80. O C. R129 000,00.. OD. R168 194,18.
Rosalia deposited a once-off amount of R25 000 into an account earning 9,75% interest per year, compounded quarterly. After five years, the interest rate changed to 10% per year, compounded weekly. At this stage she decided to deposit an extra R500 into this account, every week. After she has owned this account for a total of nine years, Rosalia decides to close the account. The amount of money that Rosalia can expect to withdraw after nine years is O A. R188 074,50. OB. R167 519,80. O C. R129 000,00.. OD. R168 194,18.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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