Mathematics

Mathematics, 16.10.2019 23:30, habsofarah0

Richard starts a savings account with $3000 and plans to save $120 monthly thereafter. identify the rate of change (slope) and the initial amount (y-intercept). write and equation.

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Mathematics, 26.07.2019 19:00, rodriguez1980

Abank offers a savings account that currently pays 2% interest per year compounded monthly. the amount of money in the account after t years, where t represents time in years, is represented by the expression p(1+0.02/12)^12t, where p represents the initial amount of money invested in the account and t represents the number of years the money has been invested. what will happen to the initial amount invested in the savings account when the interest rate changes from 2% to 2.25%? a. the initial amount in the account does not change because it is a factor that is independent of both the interest rate and t. b. the initial amount in the account does not change because it is a factor that is only dependent of t and not on the interest rate. c. the initial amount in the account will change because it is a factor that is dependent on the interest rate but not on t. d. the initial amount in the account will change because it is multiplied by a factor that is dependent on both the interest rate and t.

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Mathematics, 09.08.2019 21:10, deagupta

You decide to put $2000 in a savings account to save for a $3000 down payment on a new car. if the account has an interest rate of 4% per year and is compounded monthly, how long does it take until you have $3000 without depositing any additional funds?

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Mathematics, 12.10.2019 07:10, bvghchg2580

You decide to put $175 in a savings account to save for a $3000 down payment on a new car. if the account has an interest rate of 3% per year and is compounded monthly, how long does it take you to earn $3000 without depositing any additional funds?

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Mathematics, 05.11.2019 14:31, smarty5187

You decide to put 100.00 in a savings account to save for a 3000.00 down payment on a new car. if the account has an interest rate of 2% per year compounded monthly, how long will it take to earn 3000.00 without depositing additional funds?

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