Mathematics, 07.01.2021 22:50 texassaint797
- A bank representative studies compound interest, so she can bet-
ter serve customers. She analyzes what happens when $2,000 earns
interest several different ways at a rate of 4% for 3 years.
a. Find the interest if it is computed using simple interest.
b. Find the interest if it is compounded annually.
c. Find the interest if it is compounded semiannually.
d. Find the interest if it is compounded quarterly.
e. Find the interest if it is compounded monthly.
f. Find the interest if it is compounded daily.
g. Find the interest if it is compounded hourly.
h. Find the interest if it is compounded every minute.
i. Find the interest if it is compounded continuously.
j. What is the difference in interest between simple interest and
interest compounded continuously?
Answers: 2
Mathematics, 21.06.2019 12:30, vanessam16
Listed below are the measured radiation absorption rates? (in w/kg) corresponding to 11 cell phones. use the given data to construct a no plot and identify the 5- number summary
Answers: 2
Mathematics, 21.06.2019 22:10, mairealexander87
Jayne is studying urban planning and finds that her town is decreasing in population by 3% each year. the population of her town is changing by a constant rate. true or false?
Answers: 1
- A bank representative studies compound interest, so she can bet-
ter serve customers. She analyze...
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