PLZ HELP I WILL MARK YOU BRAINLIEST IF CORRECT
A bank offers a savings account which pays 3% in...
Mathematics, 28.03.2020 19:00 libertycooper
PLZ HELP I WILL MARK YOU BRAINLIEST IF CORRECT
A bank offers a savings account which pays 3% interest per year. The amount of money in the account after t years is represented by the expression P(1+i/n)^nt, where P represents the initial amount of money invested, n represents the number of times per year the interest rate is compounded, i represents the interest rate, and t represents the number of years the money has been invested. Which statement describes what happens with the savings account when the interest is compounded monthly instead of yearly? Select two that apply.
A. The variable t will change because it is a factor that is multiplied by n.
B. The variable t will not change because it is a factor that is independent of n.
C. The variable i will change because it is a factor that is independent of n.
D. The variable P will not change because it is a factor that is independent of n.
E. The variable P will change because it is multiplied by a factor that is dependent on n.
Answers: 1
Mathematics, 21.06.2019 20:00, chantelljenkins2
True or false: the graph of y=f(bx) is a horizontal compression of the graph y=f(x) if b< 1
Answers: 2
Mathematics, 22.06.2019 00:00, staz13wiggins
Why is x= 4 a solution to the proportion 14/x 56/1 6
Answers: 1
Mathematics, 22.06.2019 03:30, vlactawhalm29
At the movie theatre, child admission is $5.20 and adult admission is $9.70. on sunday three time as many adult tickets as child tickets were sold, for a total sales of $788.90. how many child tickets were sold that day?
Answers: 1
Spanish, 20.10.2021 14:00
Chemistry, 20.10.2021 14:00
Mathematics, 20.10.2021 14:00