Question: E 6 . 2 ( LO 1 , 2 ) ( Simple and Compound Interest Computations ) Sue Ang invests HK$ 3 0 , 0
ELO Simple and Compound Interest Computations Sue Ang invests HK$ at annual interest, leaving the money invested without withdrawing any of the interest for years. At the end of the years, Sue withdraws the accumulated amount of money. Instructions a Compute the amount Sue would withdraw assuming the investment earns simple interest. b Compute the amount Sue would withdraw assuming the investment earns interest compounded annually. c Compute the amount Sue would withdraw assuming the investment earns interest compounded semiannually.
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