jaysanchez453 jaysanchez453

15-11-2021
Mathematics

contestada

URGENT!!
Samuel wants to deposit $4,000 and keep that money in the bank without deposits or withdrawals for three years. He compares two different options. Option 1 will pay 1.8%, compounded quarterly. Option 2 will pay 1.5% interest, compounded continuously.

a) How much does option 1 pay?
b) How much does option 2 pay?

Respuesta :

wales371 wales371

15-11-2021

Answer:

First option pays $480.60 in interest and the second option pays $442.84 in interest

Step-by-step explanation:

Answer Link

Otras preguntas

Which endocrine gland controls the secretions of the pituitary gland? a. hypothalamus b. adrenal glands c. thyroid d. pancrea

C = 0.765x + 0.06(0.765x) Chris is an employee at the store. He plans to buy a coat during the sale. The price of the coat before the discount is $100. How much

(2^8 ⋅ 3^−5 ⋅ 6^0)^−2 ⋅ (3^-2/2^3)^4 ⋅ 2^28 Find the value of the following expression,Write your answer in simplified form. Show all of your steps.

While crossing the Atlantic, sailors spot two mermaids 120° apart on each end of an island that is 6 miles away. How far apart are the mermaids around the outer

what is 3 root of − 81 end root? a. − 3 3 root of 3 b. 3 3 root of − 9 end root c. − 9 3 root of 3 d. 6 3 root of − 3 end root

____ immunity results when antibodies produced in another animal are introduced into your body.

A two year degree that focuses on arts, humanities, and social science is

Read this sentence: Bill waved his hand threateningly and shouted loudly, yet the animal betrayed no fear. Based on the words in the sentence, what is the meani

A verbal or symbolic means of identifying a product is referred to as a (points : 4) brand. trademark. service mark. trade dress.;

what is the best prison site and 100% free and it is school related i am working on a project