Mathematics, 02.02.2021 18:30, ChanceJ

Harrison and Sherrie are making decisions about their bank accounts. Harrison wants to deposit $200 as a principle amount, with an interest of 2% compounded quarterly. Sherrie wants to deposit $200 as the principle amount, with an interest of 4% compounded monthly. Explain which method results in more money after 2 years. Show all work.

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 18:50, khalfani0268

The number of fish in a lake can be modeled by the exponential regression equation y=14.08 x 2.08^x where x represents the year

Answers: 3

continue

Mathematics, 22.06.2019 00:30, steelersfan4343

Which of these side lengths could form a triangle a) 2 cm , 2 cm , 4 cm b) 3 cm , 5 cm , 10 cm c) 3 cm , 4 cm , 5 cm d) 4 cm , 8 cm , 15 cm

Answers: 3

continue

Mathematics, 22.06.2019 01:40, zlyzoh

The graph below shows the line of best fit for data collected on the number of cell phones in cell phone cases sold at the local electronic store on four different days

Answers: 3

continue

Mathematics, 22.06.2019 03:00, thestarlexyp32wpj

The perimeter of ? cde is 55 cm. a rhombus dmfn is inscribed in this triangle so that vertices m, f, and n lie on the sides cd , ce , and de respectively. find cd and de if cf=8 cm and ef=12 cm. the answer is not cd=20 and de=15. i have tried that one, it does not work.

Answers: 3

continue

Do you know the correct answer?

Harrison and Sherrie are making decisions about their bank accounts. Harrison wants to deposit $200...