subject
Mathematics, 01.07.2021 08:50 zoe2252

Larry and Peggy are making decisions about their bank accounts. Larry wants to deposit $350 as a principle amount, with an interest of 4% compounded quarterly. Peggy wants to deposit $350 as the principle amount, with an interest of 6% compounded monthly. Explain which method results in more money after 2 years. Show all work.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:20
Abby is preparing fruit punch for her party. she starts with a bowl filled with liquid that has 1/2 fruit juice and 1/2 sprite, but she decides it's too fruity. so she pours out 1/4 of the liquid, and then fills the bowl up again with sprite. what fraction of the punch is now sprite?
Answers: 1
question
Mathematics, 21.06.2019 18:30
Atriangle with all sides of equal length is a/an triangle. a. right b. scalene c. equilateral d. isosceles
Answers: 2
question
Mathematics, 21.06.2019 20:10
The constitution gives congress the power to create federal courts lower than the supreme court higher than the supreme court equal to the supreme court, unaffected by the supreme court.
Answers: 1
question
Mathematics, 21.06.2019 23:30
In an isosceles triangle, the vertex angle is 112 degrees. what is the measure of each base. a.34 b.24 c.44 d.54
Answers: 1
You know the right answer?
Larry and Peggy are making decisions about their bank accounts. Larry wants to deposit $350 as a pri...
Questions
question
Mathematics, 23.02.2021 05:20
question
Social Studies, 23.02.2021 05:20
question
Spanish, 23.02.2021 05:20
question
Health, 23.02.2021 05:20
Questions on the website: 13722363