subject
Mathematics, 20.06.2020 04:57 peno211

Harrison and Sherrie are making decisions about their bank accounts. Harrison wants to deposit $200 as a principle amount, with an interest of 2% compounded quarterly. Sherrie wants to deposit $200 as the principle amount, with an interest of 4% compounded monthly. Explain which method results in more money after 2 years. Show all work.

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 15:10, gwoodbyrne
Which of the following is a justification used while proving the similarity of triangles lom and mon
Answers: 1
image
Mathematics, 21.06.2019 16:50, thegoat3180
The lines shown below are parallel. if the green line has a slope of -1, what is the slope of the red line?
Answers: 1
image
Mathematics, 21.06.2019 20:30, strodersage
Ametal rod is 2/5 meters long. it will be cut into pieces that are each 1/30 meters long. how many pieces will be made from the rod?
Answers: 1
image
Mathematics, 21.06.2019 21:00, KieraKimball
Emily is entering a bicycle race for charity. her mother pledges $0.90 for every 0.75 mile she bikes. if emily bikes 18 miles, how much will her mother donate?
Answers: 1
You know the right answer?
Harrison and Sherrie are making decisions about their bank accounts. Harrison wants to deposit $200...

Questions in other subjects: