Mathematics, 29.05.2020 22:01, deidaralove90

.
You invest $1000 in an account that has an annual interest rate of 4%, compounded monthly for 12 years. What is the equivalent interest rate and how many times will the money be compounded?
a) 3% and 4 times
b) 0.33% and 144 times
c) 3% and 144 times
d) 0.33% and 1 time

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 19:00, megababe04

What are the solutions of the equation? 16x^2 + 24x + 5 = 5 a. 1/4, 5/4 b. -1/4, -5/4 c. -1/4, 5/4 d. 1/4 , -5/4

Answers: 1

continue

Mathematics, 21.06.2019 19:30, ochoanene822

Which of the following transformations will always produce a congruent figure?

Answers: 2

continue

Mathematics, 21.06.2019 23:30, laywah4

Petes dog weighed 30 pounds it then lost 16% of it's weight how much did pete lose

Answers: 2

continue

Mathematics, 22.06.2019 00:30, trinityhayes347

Javier bought a painting for $150. each year, the painting's value increases by a factor of 1.15. which expression gives the painting's value after 77 years?

Answers: 2

continue

Do you know the correct answer?

.
You invest $1000 in an account that has an annual interest rate of 4%, compounded monthly f...

Questions in other subjects:

Mathematics, 16.10.2020 23:01

The number of shoes a group of college students own is approximately Normally distributed with a mean of 22.1 and a standard deviation of 6.3. About what proportion of the students...

Engineering, 16.10.2020 23:01

CAN YALL GO FOLLOW MY INSTAGRAM PLSS...

Mathematics, 16.10.2020 23:01

1. In 2010, there were about 4 x people living in California and about 1 x

Mathematics, 16.10.2020 23:01

The steel beams in one part of a building will be 65 feet long. On the blueprint, the architect draws the beams 13 inches long. For another part of the building, the archite...

English, 16.10.2020 23:01

What are the branching extensions off of neurons that reach to your hippocampus called? dendrites; roots pathways synapses...

Mathematics, 16.10.2020 23:01

Conclusions made on the basis of unstated or stated evidenWhich transformations are rigid transformations? Check all that apply. dilation reflection rotation str...

Spanish, 16.10.2020 23:01

Read the dialogue and select the best answer. Esther: Buenas noches, Paula ¡Tengo mi quinceañera hoy! Paula: ¡Feliz día! ¿Qué dia es hoy? Esther: Hoy es domingo, el 4...

Mathematics, 16.10.2020 23:01

an irregular parallelogram rotates 360⁰ about the midpoint of its diagonal. How many tmes does the image of the parallelogram coincide with its preimage during the rotation...

Spanish, 16.10.2020 23:01

SER and ESTAR - Continued In the blanks at the right, supply the pronouns which normally accompany the follow- ing verbs. In cases where two or more pronouns may be used, in...

Mathematics, 16.10.2020 23:01

Choose all of the ordered pairs that are solutions of the equation 2x - 3y = 6...

Other tasks in the category: Mathematics More task

. You invest $1000 in an account that has an annual interest rate of 4%, compounded monthly for 12 years. What is the equivalent interest rate and how many times will the money be compounded? a) 3% and 4 times b) 0.33% and 144 times c) 3% and 144 times d) 0.33% and 1 time

Answers

Other questions on the subject: Mathematics

Questions in other subjects:

.
You invest $1000 in an account that has an annual interest rate of 4%, compounded monthly for 12 years. What is the equivalent interest rate and how many times will the money be compounded?
a) 3% and 4 times
b) 0.33% and 144 times
c) 3% and 144 times
d) 0.33% and 1 time