Mathematics, 09.02.2021 22:40 randall10
You have $1500 to invest into the stock market. You have 2 choices to invest in, but you must
invest all your money into whichever you choose. Option #1 pays you 3.7% interest,
compounded continuously. Option #2 pays you 4.6% interest, compounded semi-quarterly. You
are going to invest for 5 years. Find the totals for each option and then decide which option is
the best choice and by how much.
Option 1 gives you
Option 2 gives you
Option
is the better choice because it gives you
more.
Answers: 2
Mathematics, 21.06.2019 22:30
3. a sum of $2700 is to be given in the form of 63 prizes. if the prize is of either $100 or $25, find the number of prizes of each type.
Answers: 1
Mathematics, 21.06.2019 23:30
Use the ratio test to determine whether ∑n=14∞n+2n! converges or diverges. (a) find the ratio of successive terms. write your answer as a fully simplified fraction. for n≥14, limn→∞∣∣∣an+1an∣∣∣=limn→∞.
Answers: 3
You have $1500 to invest into the stock market. You have 2 choices to invest in, but you must
inves...
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