subject
Mathematics, 08.04.2021 15:00 jvargas0207

3) Peter invests $250 in an account that pays 3.5% annual interest, compounded semiannually. On the other hand, Steven invests $200 in an account that pays 8.75% annual interest, compounded daily.

A) Whose balance is greater after 3 years?
B) Whose balance is greater after 12 years?

HINT: Use the compounding interest Formula


3) Peter invests $250 in an account that pays 3.5% annual interest, compounded semiannually.

On t

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:10
Determine whether the following statements are true and give an explanation or counterexample. bold a. when using the shell method, the axis of the cylindrical shells is parallel to the axis of revolution. bold b. if a region is revolved about the y-axis, then the shell method must be used. bold c. if a region is revolved about the x-axis, then in principle it is possible to use the disk/washer method and integrate with respect to x or the shell method and integrate with respect to y.
Answers: 3
question
Mathematics, 21.06.2019 23:00
Which of the following scenarios demonstrates an exponential decay
Answers: 1
question
Mathematics, 22.06.2019 01:30
Amayoral candidate would like to know her residents’ views on a tax on sugar drinks before the mayoral debates. she asks one thousand registered voters from both parties. these voters are an example of a census population convenience sample simple random sample
Answers: 1
question
Mathematics, 22.06.2019 02:30
Which number completes the system of linear inequalities represented by the graph? y > 2x – 2 and x + 4y >
Answers: 1
You know the right answer?
3) Peter invests $250 in an account that pays 3.5% annual interest, compounded semiannually. On the...
Questions
question
Geography, 18.03.2021 03:40
question
English, 18.03.2021 03:40
question
Biology, 18.03.2021 03:50
question
English, 18.03.2021 03:50
question
History, 18.03.2021 03:50
Questions on the website: 13722363