If the interest on the investment in Question 27.6 had been compounded every six months, how much
Question:
If the interest on the investment in Question 27.6 had been compounded every six months, how much interest would have been earned over the four years?
Data From Question 27.6
If £8,000 is invested for 5 years at 6% compound per annum, how much interest is earned over the five years?
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Related Book For 
Frank Woods Business Accounting Volume 2
ISBN: 9781292085050
13th Edition
Authors: Frank Wood, Alan Sangster
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