subject
Mathematics, 09.02.2021 22:40 randall10

You have $1500 to invest into the stock market. You have 2 choices to invest in, but you must invest all your money into whichever you choose. Option #1 pays you 3.7% interest,
compounded continuously. Option #2 pays you 4.6% interest, compounded semi-quarterly. You
are going to invest for 5 years. Find the totals for each option and then decide which option is
the best choice and by how much.
Option 1 gives you
Option 2 gives you
Option
is the better choice because it gives you
more.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 18:20
What value of x is in the solution set of 4x - 12 s 16 + 8x? -10 -9 -8 -7
Answers: 1
question
Mathematics, 21.06.2019 19:00
What is the percentile for data value 6 in the following data set? 4 13 8 6 4 4 13 6 4 13 2 13 15 5 9 4 12 8 6 13 40 25 35 62
Answers: 2
question
Mathematics, 21.06.2019 19:30
For what values of the variable x is the expression square root of 7x+14+ square root of 7-x a real number?
Answers: 1
question
Mathematics, 21.06.2019 20:00
Describe a situation that you could represent with the inequality x< 17
Answers: 2
You know the right answer?
You have $1500 to invest into the stock market. You have 2 choices to invest in, but you must inves...
Questions
question
Mathematics, 05.05.2020 18:09
question
Chemistry, 05.05.2020 18:10
question
Mathematics, 05.05.2020 18:10
Questions on the website: 13722362