Your bank is changing its policy on how interest rates are, Other Subject

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Your bank is changing its policy on how interest rates are

Your bank is changing its policy on how interest rates are going to be calculated although it will remain at 9 APR. For the next 2 years, interest will be compounded daily but after this it will be compounded continuously. How much will be accumulated in your account at the end of 4 years if you deposit $400 today, $250 in 12 months, $100 in 24 months, $100 in 36 months, and $250 in 48 months.

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Other Subject: Your bank is changing its policy on how interest rates are

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Other Subject: Your bank is changing its policy on how interest rates are

Reference No:- TGS0590855

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