Mathematics, 04.03.2020 22:20, naleyah
You invest $300 in an account that has a annual interest rate of 6%, compounded quarterly for four years. What is the equivalent interest rate, and how many times will the money be compounded?
A) 6.7% and 16 times
B) 1.5% and 1 time
C) 1.5% and 16 times
D) 6.7% and 4 times
Please Answer!
Answers: 2
Mathematics, 22.06.2019 02:00, Mitchmorgan3816
Sally deposited money into a savings account paying 4% simple interest per year. the first year, she earned $75 in interest. how much interest will she earn during the following year? show your work and explain your reasoning in the space provided below.
Answers: 2
Mathematics, 22.06.2019 02:30, queenjade2614
Atriangle has side lengths of x, x+11, and 3x+5. what is the perimeter? a. 3x^2 + 38x + 55 b. 4x + 16 c. 5x + 16 d. 3x^3 + 38x^2 + 55x
Answers: 1
You invest $300 in an account that has a annual interest rate of 6%, compounded quarterly for four y...
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