I was rummaging through the garage yesterday, and found a copy of "Ontario Public School Arithmetic". Price 10 cents, published by The Robert Simpson Company Limited in 1910.
Remember you can only use pencil and paper.
Today's problem:
Page 182, question 6.
Find the principal which will amount to $3800 in 1 and 1/2 years at 5% compounded half-yearly; $5200 in 2 years at 6% compounded half-yearly; $4750 in 1 year at 4% compounded quarterly.
Remember you can only use pencil and paper.
Today's problem:
Page 182, question 6.
Find the principal which will amount to $3800 in 1 and 1/2 years at 5% compounded half-yearly; $5200 in 2 years at 6% compounded half-yearly; $4750 in 1 year at 4% compounded quarterly.





