Mathematics
Mathematics, 29.05.2020 05:01, austinparness02

17. You invest $4000 in an account to save for college.
a. Option 1 pays 5% annual interest compounded semi-annually. What would
be the balance in the account after 2 years?
b. Option 2 pays 4.5% annual interest compounded continuously. What would
be the balance in the account after 2 years?
c. At what time t (in years) would Option 1 give you $100 more than Option 2?

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 19:00, L3Zenith
What is not true about kl and mn? what is mn? (show )
Answers: 2
image
Mathematics, 21.06.2019 21:40, Fangflora3
The sides of a parallelogram are 24cm and 16cm. the distance between the 24cm sides is 8 cm. find the distance between the 16cm sides
Answers: 3
image
Mathematics, 22.06.2019 03:20, DarkKings799
What is the volume of a cardboard box that measures 1 inch by 5 inches by 7 inches? the volume of the cardboard is cubic inches. enter your answer as the number that correctly fills in the blank in the previous sentence. if necessary, round your answer to the nearest tenth, like this: 42.5
Answers: 1
image
Mathematics, 22.06.2019 05:00, Shubbs
Will mark brainliest, , and, rate to the best answercompare the wins-to-losses ratios for the teams.
Answers: 2
Do you know the correct answer?
17. You invest $4000 in an account to save for college.
a. Option 1 pays 5% annual interest co...

Questions in other subjects: