subject
Mathematics, 13.01.2021 07:30 TheOriginal2x

Simple and Compound Interest 1.Mr. Henry received his back pay from a work abroad and wanted to quit as an OFW. He received P150 000.00. He plans to invest it for 5 years. An ABC bank offers him with 2% simple interest rate per year while the UNION bank offers him 2% compounded annually.

1. Make an Illustration of Simple and Compound Interest

2.If you were Mr. Henry which offer will you choose and why?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
The focus of parabola is (-4, -5), and its directrix is y= -1. fill in the missing terms and signs in parabolas equation in standard form
Answers: 1
question
Mathematics, 21.06.2019 19:30
The total ticket sales for a high school basketball game were $2,260. the ticket price for students were $2.25 less than the adult ticket price. the number of adult tickets sold was 230, and the number of student tickets sold was 180. what was the price of an adult ticket?
Answers: 2
question
Mathematics, 21.06.2019 21:30
In a test for esp (extrasensory perception), a subject is told that cards only the experimenter can see contain either a star, a circle, a wave, or a square. as the experimenter looks at each of 20 cards in turn, the subject names the shape on the card. a subject who is just guessing has probability 0.25 of guessing correctly on each card. a. the count of correct guesses in 20 cards has a binomial distribution. what are n and p? b. what is the mean number of correct guesses in 20 cards for subjects who are just guessing? c. what is the probability of exactly 5 correct guesses in 20 cards if a subject is just guessing?
Answers: 1
question
Mathematics, 21.06.2019 23:30
Oliver had $50 on the day before his birthday. after he recived some money for his birthday , he had $75. write and solve eqaution to find how much money oliver received for his birthday. x+50=75
Answers: 1
You know the right answer?
Simple and Compound Interest 1.Mr. Henry received his back pay from a work abroad and wanted to qui...
Questions
question
Mathematics, 24.09.2019 22:30
Questions on the website: 13722360