subject
Mathematics, 30.04.2021 17:50 miriamjb

You are planning on buying yourself a car when you graduate college with cash, you have saved $15,000 so far. The car you will buy is valued at $26,795. You are offered a couple of options in terms of investing the $15,000 you currently have. Explore the options and determine which one will get you $26,795 the fastest. Bank 'A' provides a 5.45% interest rate, compounding continuously, how long will it take you, in years, if you invest $15,000 to make enough to buy the car? (round your answer to the nearest tenth) Bank "B" provides a 5.75% interest rate, compounding monthly, how long will it take you, in years, if you invest $15,000 to make enough to buy the car? (round your answer to the nearest tenth) *​

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
The ratio of rock songs to dance songs on jonathan’s mp3 player is 5: 6. the total number of rock and dance songs jonathan has is between 101 120. how many rock songs does he have?
Answers: 2
question
Mathematics, 21.06.2019 19:30
Prove the divisibility of the following numbers: 25^9 + 5^7 is divisible by 30.also, read as (25 to the power of 9) + (5 to the power of 7) is divisible by 30. blank x 30what is the blank? ( it should be expressed in exponent form)
Answers: 1
question
Mathematics, 21.06.2019 19:30
The standard deviation for a set of data is 5.5. the mean is 265. what is the margin of error?
Answers: 3
question
Mathematics, 21.06.2019 21:00
Acomposition of transformations maps δxyz to δx"y"z". the first transformation for this composition is , and the second transformation is a 90° rotation about point x'.
Answers: 1
You know the right answer?
You are planning on buying yourself a car when you graduate college with cash, you have saved $15,00...
Questions
Questions on the website: 13722366