# Investment 2

Jack invested $5000 in a 5-month term deposit at 4.7% p. A. . At the end of the 5-months, jack reinvested the maturity value from the first deposit into an 11-month term deposit at 7.3% p. A. What is the maturity value at the end of the second term deposit? ### Correct answer: c = 5436.6436 USD ### Step-by-step explanation: Did you find an error or inaccuracy? Feel free to write us. Thank you! Tips to related online calculators Do you want to convert time units like minutes to seconds? #### You need to know the following knowledge to solve this word math problem: ## Related math problems and questions: • Saving 9 An amount of$ 2000 is invested at an interest of 5% per month. If $200 is added at the beginning of each successive month but no withdrawals. Give an expression for the value accumulated after n months. After how many months will the amount has accumula • Investment 1000$ is invested at 10% compound interest. What factor is the capital multiplied by each year? How much will be there after n=12 years?
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