Cópia de Compound Interest
R$51500 is invested at an interest rate of 30% p.a. Find the value of the investment after 4.60 years (to the nearest cent), if the interest is compounded:
a) Annually: (birthday gift RS 1000) + 12000 = 13000
b) Bi-annually: 26000
c) Monthly. 1.000
d) Daily. 33.40
e) Hourly. 1.40
What do you notice about the rate of change in the investment value?