Help me out /biz/

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Here's the problems

>>1850949
Just do the math you retarded nigher

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4.a. $47,838.72
b. If he keeps it in the first account for 14 years he would have $45,218.08. He makes $2,620.64 more if he switches accounts

5. 5.38%

>>1850969
Thanks for your input, anon. I really appreciate it.

Could you explain how you got the answers or show the work you used to find them?

Thanks again, anon.

How braindead are you not to be able to calculate interest.

x ^(1+(%?/100))*y

/sci/ here dumb board christ

>>1850973
4.a.
n: 8
i: 6
pv: -20,000
pmt: 0
fv: solve for this*

n: 6
i: 7
pv: *fv from first part
pmt: 0
fv: solve

4.b
n: 14
i: 6
pv: -20,000
pmt: 0
fv: solve

find the difference

last part.

use formula. (((1+(i/n))^365)-1
((1+ .0524/365)^365)-1

>>1850984
Thanks for your help anon, i really appreciate it!