Mathematics
Mathematics, 09.04.2020 21:34, dondre54

(a) About how much more compound interest than simple interest is earned after 25 years? Remember to show your work.

(b) About how much more compound interest than simple interest is earned after 35 years? Remember to show your work.

(c) At what year does it become more profitable for compound interest versus simple interest

(d) This is for a savings account. Would it be more or less profitable to have compound interest on a loan? Justify your reasoning?


(a) About how much more compound interest than simple interest is earned after 25 years? Remember to

answer
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 20.06.2019 18:02, tmrsavage02p7cj16
Determine the quotient of the following expression. (15n^2-27n) / 3
Answers: 3
image
Mathematics, 21.06.2019 21:30, guill41
Write an equation of the line that passes through the point (2, 3) and is perpendicular to the line x = -1. a) y = 1 b) y = 3 c) y = 0 eliminate d) y = -3
Answers: 2
image
Mathematics, 22.06.2019 00:00, dcwills17
The equation of line wx is y=2x-5. write an equation of a line perpendicular to line wx in slopeintercept form the contains points (-1,-2)
Answers: 2
image
Mathematics, 22.06.2019 03:30, daisyramirez2057
Mahnoor randomly selects times to walk into a local restaurant and observe the type of music being played she found that the restaurant was playing country 11 times rock & roll 17 times and blues 8 times use the observed frequencies to create a probability model for the type of music the restaurant is playing the next time mahnoor walks in.
Answers: 1
Do you know the correct answer?
(a) About how much more compound interest than simple interest is earned after 25 years? Remember to...

Questions in other subjects:

Konu
Mathematics, 05.07.2019 09:00
Konu
Chemistry, 05.07.2019 09:00