subject
Mathematics, 11.06.2020 19:57 AngelOfLove

Account A and Account B both have a principal of $2,000 and an annual interest rate of 5%. No additional deposits or withdrawals are made. Account A earns simple interest. Account B earns interest compounded annually. Compare the amounts in the two accounts after 20 years. Which earns more interest? How much more?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
The spring the owner of a sporting good store decreases the price of winter gloves from $10 to $8 each increases the price of swimming goggles from $8 to $10 without doing the math you think the percent decrease in the price of the gloves the same as the percent increase of the goggles explain why or why not
Answers: 1
question
Mathematics, 21.06.2019 20:10
A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.
Answers: 1
question
Mathematics, 21.06.2019 20:30
Suppose you just purchased a digital music player and have put 8 tracks on it. after listening to them you decide that you like 4 of the songs. with the random feature on your player, each of the 8 songs is played once in random order. find the probability that among the first two songs played (a) you like both of them. would this be unusual? (b) you like neither of them. (c) you like exactly one of them. (d) redo () if a song can be replayed before all 8 songs are played.
Answers: 2
question
Mathematics, 22.06.2019 01:00
Match the one-to-one functions with their inverse functions.
Answers: 1
You know the right answer?
Account A and Account B both have a principal of $2,000 and an annual interest rate of 5%. No additi...
Questions
question
Mathematics, 19.03.2020 08:48
Questions on the website: 13722362