Mathematics, 29.07.2021 22:00 kevinhoyle2021
Bill Baxter has $23,000 to invest for a year. He can lend it to his sister who has agreed to pay 10% simple interest for the year. Or, he can invest it with a bank at 8%
compounded quarterly for the year. How much additional interest would the simple interest loan to his sister generate? Find the effective interest rate for both
investments.
Answers: 3
Another question on Mathematics
Mathematics, 21.06.2019 18:00
Manny bought 12 pounds of vegetables at the supermarket. 75% of the vegetables were on sale. how many pounds of vegetables were not on sale? 98 points : )
Answers: 2
Mathematics, 21.06.2019 21:30
The map shows the location of the airport and a warehouse in a city. though not displayed on the map, there is also a factory 112 miles due north of the warehouse.a truck traveled from the warehouse to the airport and then to the factory. what is the total number of miles the truck traveled?
Answers: 3
Mathematics, 21.06.2019 22:20
Which of the following is missing in the explicit formula for the compound interest geometric sequence below?
Answers: 1
You know the right answer?
Bill Baxter has $23,000 to invest for a year. He can lend it to his sister who has agreed to pay 10%...
Questions
Mathematics, 01.12.2020 03:10
Biology, 01.12.2020 03:10
Mathematics, 01.12.2020 03:10
Mathematics, 01.12.2020 03:10
History, 01.12.2020 03:10
Mathematics, 01.12.2020 03:10
Health, 01.12.2020 03:10
Engineering, 01.12.2020 03:10
Arts, 01.12.2020 03:10
Geography, 01.12.2020 03:10
English, 01.12.2020 03:10
Physics, 01.12.2020 03:10
