Mathematics, 18.03.2021 01:40 andyromero
Classmates Joan, Peta, and Linda each received $400 as graduation gift. Joan deposits her money in an account that earns 7% interest compounded annually and keeps the money in the account for three years. Peta deposits her money, plus an extra $70, in an account that earns 8% interest compounded annually and keeps the money in the account for two years. Linda deposits her money in an account that earns 5% compounded'annually and keeps the money in the account for one year.
Who has more money when they close their accounts and why?
A) Joan, because she kept her money in the longest.
B) Linda, because of her interest rate.
C) Peta, because she invests the most.
D) They all make the same amount.
Answers: 3
Mathematics, 21.06.2019 16:30, leenzazou98241
The average human heart beats 1.15 \cdot 10^51.15⋅10 5 1, point, 15, dot, 10, start superscript, 5, end superscript times per day. there are 3.65 \cdot 10^23.65⋅10 2 3, point, 65, dot, 10, start superscript, 2, end superscript days in one year. how many times does the heart beat in one year? write your answer in scientific notation, and round to one decimal place.
Answers: 1
Classmates Joan, Peta, and Linda each received $400 as graduation gift. Joan deposits her money in a...
English, 24.11.2019 05:31
Chemistry, 24.11.2019 05:31
Biology, 24.11.2019 05:31
Social Studies, 24.11.2019 05:31
History, 24.11.2019 05:31