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  3. 7 tanla borrows 4100 00 for 9 years at 5 9 per ann

7 Tanla borrows 4100 00 for 9 years at 5 9 per annum compounded semi...

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7 Tanla borrows 4100 00 for 9 years at 5 9 per annum compounded semi annually 2 marks How much interest is paid over the life of the loan 8 3 Which is the better investment for 8 years 1500 compounded monthly at 4 8 or 1500 compounded semi annually at 4 9 How much more does the better investment 3 marks earn 3 marks

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