subject
Mathematics, 23.12.2019 19:31 baca23jasmine

Skylar plans to use $3400 to open a savings account with an annual interest rate of 1.15%. how much more interest will he earn over 13 years if he chooses a compound interest account that compounds interest quarterly instead annually? round your answer to the nearest cent.

interest compounded annually: a = p (1 + r)t
interest compounded quarterly: a = p (1 +fraction numerator r over denominator 4 end fraction)4t

$

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 18:30, maren17
Logan wants to know how many skateboards have defective parts. he inspects 20,000 skateboards and keeps track of the number of defects per board. use his probability distribution table to find the expected value for defects on a skateboard.
Answers: 3
image
Mathematics, 21.06.2019 19:30, auzriannamarie
Tim's phone service charges $26.39 plus an additional $0.21 for each text message sent per month. if tim's phone bill was $31.64, which equation could be used to find how many text messages, x, tim sent last month?
Answers: 1
image
Mathematics, 21.06.2019 23:00, krystinayagel013
Math i have no idea how to do a and b
Answers: 2
image
Mathematics, 22.06.2019 01:10, lusciousl
If the diagram polygon abcd is a reflection across ef to make polygon a'b'c'd'.
Answers: 2
You know the right answer?
Skylar plans to use $3400 to open a savings account with an annual interest rate of 1.15%. how much...

Questions in other subjects:

Konu
Mathematics, 08.07.2019 01:00
Konu
Mathematics, 08.07.2019 01:00