Mathematics, 02.06.2021 23:20 dice50

You won $1000 in a contest and you have a choice: You can invest the $1000 in BANK1 that pays 6% Interest, compounded monthly, for 9
.
years. Use A =P 1-
• You can invest the $1000 in BANK2 that pays 7% interest compounded annually, for 8
years. Use A = P+1.
1) Determine how much money you would have in each bank after 8 years.
2) Which Bank will give you more money?

Answers: 1

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 14:00

The table shows the distance traveled over time while traveling at a constant speed.

Answers: 1

Answer

Mathematics, 21.06.2019 17:00

Can someone pls ! pls answer all. no explanation needed..

Answers: 1

Answer

Mathematics, 21.06.2019 20:00

A50% increase followed by 33 1/2% decrease

Answers: 3

Answer

Mathematics, 22.06.2019 02:10

Hurry im being timed the graph of f(x)=x^3-3x^2+4 is shown based on the graph how many distinct real numbers solutions does the equation x^3-3x^2+4=0 have

Answers: 2

Answer

You know the right answer?

You won $1000 in a contest and you have a choice: You can invest the $1000 in BANK1 that pays 6% In...

Questions

Mathematics, 17.12.2020 19:20

Determine the slope of the line containing points A(6, –7) & B(9, –9)....

Mathematics, 17.12.2020 19:20

What is the slope of the line? ...

Social Studies, 17.12.2020 19:20

Why does the canadian province of quebec differs from other provinces a) it has a stronger economy b) Quebec is independent of canada c...

Engineering, 17.12.2020 19:20

More free point so here you go...

English, 17.12.2020 19:20

Which best describes the point of view of the author of this passage? A) The author believes that MDR-TB experiment is going to be a waste of time and...

English, 17.12.2020 19:20

Burning a Book 1 Protecting each other, right in the center a few pages glow a long time. The cover goes first, then outer leaves ...

English, 17.12.2020 19:20

Im writing an essay like everybody does:( (free points btw)...

Mathematics, 17.12.2020 19:20

I need help with this question. The teachers have $25 to buy supplies. Write and evaluate a numerical expression to show how much more money they will...

Mathematics, 17.12.2020 19:20

(10x4y2) simplify - no need the evaluate numeric expression...

Mathematics, 17.12.2020 19:20

What is the percent increase from $80-$88...

Chemistry, 17.12.2020 19:20

Any girl interested in sëx cha.t?...

Social Studies, 17.12.2020 19:20

If you play ps4, you disgust me....

Mathematics, 17.12.2020 19:20

Which point is a reflection of Z (5 1/2, 3) across the X axis? A. Point A B. Point B C. Point C D. Point D

Mathematics, 17.12.2020 19:20

Every morning, Jane runs around a rectangular garden with a length of l and a width of w. If she completes four laps around the garden, which expressi...

Biology, 17.12.2020 19:20

it says, “look closely at the Christmas picture. compose a writing piece that explains the scientific phenomena included in this picture. (Must be at...

Mathematics, 17.12.2020 19:20

I don’t get it and it’s like domain and range restrictions and stuff

Mathematics, 17.12.2020 19:20

For the function f(x)=-3(x-1) find f(0)...

Mathematics, 17.12.2020 19:20

Please help asap. What is the inverse of the trigonometric function in the graph?

English, 17.12.2020 19:20

PlS help I beg please help me ...

Arts, 17.12.2020 19:20

I have a another semi-question how good of a computer background would this image make?

More questions: Mathematics Another questions