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    finitemath's Avatar
    finitemath Posts: 1, Reputation: 1
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    #1

    Oct 12, 2014, 03:58 PM
    Finite math: future value of annuity and sinking funds
    Would quarterly payments of $483.04 at 4% compounded quarterly be worth more than a prinicple of $4700 invested at 5% simple interest?
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
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    #2

    Oct 12, 2014, 05:27 PM
    Quarterly for how long?
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