# 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 result: c = 5436.6436 USD #### Solution: We would be very happy if you find an error in the example, spelling mistakes, or inaccuracies, and please send it to us. We thank you! Showing 0 comments: 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: ## Next similar math problems: • Retirement annuity How much will it cost to purchase a two-level retirement annuity that will pay$2000 at the end of every month for the first 10 years, and \$3000 per month for the next 15 years? Assume that the payment represent a rate of return to the person receiving th
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