Mathematics
Mathematics, 21.10.2020 01:01, smariedegray

Melvin Indecision has difficulty deciding whether to put his savings in Mystic Bank or Four Rivers Bank. Mystic offers 12% interest compounded semiannually. Four Rivers offers 8% interest compounded quarterly. Melvin has $11,100 to invest. He expects to withdraw the money at the end of 8 years. Calculate interest for each bank and identify which bank gives Melvin the better deal?

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 18:00, granniejo
You spin the spinner shown below once. each sector shown has an equal area. what is p(beaver ) p(beaver)? if necessary, round your answer to 2 2 decimal places.
Answers: 2
image
Mathematics, 21.06.2019 20:00, kait93
Elizabeth is using a sample to study american alligators. she plots the lengths of their tails against their total lengths to find the relationship between the two attributes. which point is an outlier in this data set?
Answers: 1
image
Mathematics, 21.06.2019 21:40, melinalange48
What is the value of x in the equation 1.5x+4-3=4.5(x-2)?
Answers: 2
image
Mathematics, 22.06.2019 00:00, thelonewolf5020
4. bob solved the inequality problem below incorrectly. explain his error and redo the problem showing the correct answer. βˆ’2x + 5 < 17 βˆ’2x + 5-5 < 17-5 -2x/-2 < 12/-2 x < -6
Answers: 2
Do you know the correct answer?
Melvin Indecision has difficulty deciding whether to put his savings in Mystic Bank or Four Rivers B...

Questions in other subjects:

Konu
Social Studies, 14.02.2021 05:20