subject
Mathematics, 24.03.2021 08:00 Courtneymorris19

7. Elizabeth is trying to determine the best way to invest in her retirement. Retirement Saving Plan #1 will start with $2000 at age 20 and earn 2.8% interest compounded annually. Retirement
Saving Plan #2 will start with $2500 at age 25 and earn 5% simple interest every year.
a) Which retirement plan will she earn the most money by age 65?
b) What is the difference in the afhount of money earned in both plans?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Ricardo ran the 400 meter race 3 times his fastest time was 54.3 seconds his slowest time was 56.1 seconds if his average time was 55.0 seconds what was his time for the third race
Answers: 2
question
Mathematics, 21.06.2019 20:00
Compare the following pair of numbers a and b in three ways. a. find the ratio of a to b. b. find the ratio of b to a. c. complete the sentence: a is percent of b. a=120 and b=340 a. the ratio of a to b is . b. the ratio of b to a is . c. a is nothing percent of b.
Answers: 1
question
Mathematics, 21.06.2019 20:00
Given ab and cb are tangents of p, and m =10Ā°. what is the measure of abp?
Answers: 1
question
Mathematics, 21.06.2019 20:00
Marcus and cody both leave the park at the same time, but in opposite directions. if cody travels 6 mph faster than marcus and after 4 hours they are 64 miles apart, how fast is each traveling? solve using rare times time = distance.
Answers: 1
You know the right answer?
7. Elizabeth is trying to determine the best way to invest in her retirement. Retirement Saving Plan...
Questions
question
History, 07.12.2019 03:31
Questions on the website: 13722363