subject
Mathematics, 03.04.2021 08:20 dontcareanyonemo

A). You plan to invest $1978 in an account with two different options. Option 1 earns 8.5% annually, with interest to be compounded continuously. How much money would you have in the account after 2 years? B). You plan to invest $1978 in an account with two different options. Option 2 earns 8.5% annually, with interest to be compounded quarterly. How much money would you have in the account after 2 years?

C). You plan to invest $1978 in an account with two different options. Based on your two previous answers, which option would you choose and why?

Please hep me i will mark as the best please

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 23:20
1. ∠1 is complementary to ∠2 and ∠3 is complementary to ∠2. subtraction property of equality 2. m∠1 + m∠2 = 90 and m∠3 + m∠2 = 90 substitution 3. m∠1 + m∠2 = m∠3 + m∠2 definition of complementary 4. m∠1 = m∠3 given
Answers: 3
question
Mathematics, 21.06.2019 23:20
What is the slope of the line that contains the points (-5, 6) and (14. - 7)?
Answers: 1
question
Mathematics, 22.06.2019 01:00
Here is another math questions. i will keep asking different questions. 4^2x=6
Answers: 2
question
Mathematics, 22.06.2019 02:50
Given the functions, fx) = x^2-4 and g(x) = x+ 2, perform the indicated operation. when applicable, state the domain restriction. f(g(x))
Answers: 1
You know the right answer?
A). You plan to invest $1978 in an account with two different options. Option 1 earns 8.5% annually,...
Questions
question
Physics, 06.04.2021 05:40
question
Mathematics, 06.04.2021 05:40
Questions on the website: 13722367