Mathematics, 15.10.2020 06:01 20Tiglashou
An investment banker is responsible for investing a customer’s money into the greatest interest earning account. The banker has the following options for his customer’s investment:
Account A:
interest rate = 8%
term of investment = 8 years
interest compounded annually
Account B:
interest rate = 7%
term of investment = 10 years
interest compounding continuously
Which account, A or B, will earn the customer the greatest amount of interest on his $50,000 investment? In your final answer, include all of your calculations.
Answers: 3
Mathematics, 21.06.2019 19:30
The position of a moving particle is given by the position function: f(t)=-9t-t^2-0.2t^3+0.1t^4 0 a. at what time does the particle reverse direction? b. when is the displacement positive? (round one decimal place and answer in interval notation) c. when is the displacement negative? (round one decimal place and answer in interval notation) d. when is the particle’s acceleration positive? (round one decimal place and answer in interval notation) e. when is the particle’s acceleration negative? (round one decimal place and answer in interval notation)
Answers: 3
Mathematics, 22.06.2019 00:00
Round each decimal to the nearest thousandth. a. 5.39562 b. 0.12345 c. 5634 d. 18.93763
Answers: 1
An investment banker is responsible for investing a customer’s money into the greatest interest earn...
Mathematics, 13.08.2020 20:01