subject
Mathematics, 19.04.2021 15:30 memeE15

Joseph is a friend of yours. He has plenty of money but little financial sense. He received a gift of $12,000 for his recent graduation and is looking for a bank in which to deposit the funds. Partners' Savings Bank offers an account with an annual interest rate of 3% compounded semiannually, while Selwyn's offers an account with a 2.75% annual interest rate compounded continuously. Calculate the value of the two accounts at the end of one year, and recommend to Joseph which account he should choose.

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:20, angelb2472
Consider the function y = f(x)=3^x the values of f(1/2) and f(1/4). rounded to the nearest hundredth, are__and__ respectively
Answers: 3
image
Mathematics, 21.06.2019 19:40, devin3634
Which is the solution to the inequality? 2 3/52 1/15 b< 3 2/15 b> 3 2/15
Answers: 1
image
Mathematics, 21.06.2019 20:20, oscarmasinde44
Abag contains 3 red marbles, 2 blue marbles, and 2 green marbles. one marble is picked, then another marble. assume that the selections are made with replacement. a) find the probability of picking two red marbles with replacement. b) find the probability of picking a red marble and a blue marble. assume the selections are made without replacement. c) find the probability of picking two red marbles without replacement. d) find the probability of picking a red marble and a blue marble without replacement.
Answers: 1
image
Mathematics, 21.06.2019 20:30, sterlingrobinson35
Someone answer asap for ! a ball is rolled down a ramp. the height, f(x), in meters, of the ball x seconds after it is released is modeled by the function f(x) = x²- 10x + 25 for all values of x from 0 to 5. which statement about the ball is true? a. the maximum height of the ball is 5 meters b. the height of the ball increases from 0 to 5 meters above the ground. c. the ball has traveled 5 meters when it reaches the bottom of the ramp. d. the ball has been traveling for 5 seconds when it reaches the bottom of the ramp
Answers: 1
You know the right answer?
Joseph is a friend of yours. He has plenty of money but little financial sense. He received a gift o...

Questions in other subjects:

Konu
Mathematics, 06.05.2021 18:10
Konu
Social Studies, 06.05.2021 18:10