Mathematics, 25.05.2021 23:50 neyssa83
You have $1,200 to invest, and are looking at different investment options:
-Bank of Lane Tech offers a savings account that pays 4.125% interest, compounded quarterly.
-Tennison Investments offers an account that pays 4.12% interest, compounded continuously.
Answer the following questions about the accounts:
1. How much money would be in each account after 3 years?
2. After 4 years, which account(s) would let you afford the Italian vacation you want to take, which you
estimate will cost you $1,420? Both? Neither? Only one (which one)? Show your work.
Answers: 1
Answer from: Quest
typically if you want , you would actually put questions here for us to you. but hey, that's just me. maybe someone will magically answer the questions for you without knowing what they are.
Answer from: Quest
The answer to your question is 1/9
Answer from: Quest
3100
step-by-step explanation:
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You have $1,200 to invest, and are looking at different investment options:
-Bank of Lane Tech offe...
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