subject
Mathematics, 04.11.2021 04:50 jackievelasquez3424

Larry and Peggy are making decisions about their bank accounts. Larry wants to deposit $350 as a principal amount, with an interest of 4% compounded quarterly. Peggy wants to deposit $350 as the principal amount, with an interest of 6% compounded monthly. Explain which method results in more money after 2 years. Show all work.

ansver
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:30, mildredelizam
Graph red beads cost $1 an ounce and gold beads cost $3 an ounce. juanita wants to purchase a 12-ounce mixture of red and gold beads that she can sell for $2 an ounce. the solution of the system shows the number of beads needed for juanita to break even. x + y = 12, x + 3y = 24 how many ounces of red beads will juanita buy to break even? how many ounces of gold beads will she buy?
Answers: 3
image
Mathematics, 21.06.2019 17:10, naimareiad
Which of the following expressions is equal to 2x^2+8
Answers: 1
image
Mathematics, 21.06.2019 22:00, IsabellaGracie
State one method by which you can recognize a perfect square trinomial.
Answers: 1
image
Mathematics, 21.06.2019 23:00, maiacheerz
12 out of 30 people chose their favourite colour as blue caculate the angle you would use for blue on a pie chart
Answers: 1
You know the right answer?
Larry and Peggy are making decisions about their bank accounts. Larry wants to deposit $350 as a pri...

Questions in other subjects: