Mathematics
Mathematics, 04.12.2020 09:10, bbb4951

PLEASE HELP 4) Moira plans to deposit $1000 into a bank account and leave it in the bank to gather interest for 5 years. She researches the interest rates at two banks. Her findings are in the table below.
Bank A
interest rate: 4%
compounded monthly
A = P (1+r/n)nt^
Bank B
interest rate: 4%
compounded continuously
A = Pe^rt

Compute the amount of money that Moira would have in each bank after 5 years. Which bank should Moira
Choose and why?

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 12:50, dbn4everloved
What is the equation of the linear function represented by the table?
Answers: 1
image
Mathematics, 21.06.2019 18:40, ethan0
If f(x) = x+8 and g(x) = 4x- 3, find (f+g)(x)
Answers: 1
image
Mathematics, 21.06.2019 20:40, kaylabethany
How is the equation of this circle written in standard form? x2 + y2 - 6x + 14y = 142 a) (x - 3)2 + (y + 7)2 = 200 b) (x+ 3)2 + (y - 7)2 = 200 (x - 6)2 + (y + 14)2 = 142 d) (x+6)2 + (y- 14)2 = 142
Answers: 1
image
Mathematics, 21.06.2019 22:30, jadeochoa4466
Aflagpole broke in a storm. it was originally 8 1 81 feet tall. 2 8 28 feet are still sticking straight out of the ground, where it snapped, but the remaining piece has hinged over and touches the ground some distance away. how far away is the end of the pole from the base of the pole along the ground?
Answers: 1
Do you know the correct answer?
PLEASE HELP 4) Moira plans to deposit $1000 into a bank account and leave it in the bank to gather i...

Questions in other subjects: