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A) if $50000 is invested in a bank account that pays 9.3% of interest compounded on a six-monthly basis, how much money will be in the account after 3 and 12 years? b) if matusalen's father had put $2.0 in the bank when he was born and there, how long would matusalen have had to his death (969 years later) if the interest was 7% per year composed each month and weekly?

Question 5 spring semester final exam math evaluate

Scott harris can invest $7,000 in a 1-year cd that earns interest at an annual rate of 4 percent compounded monthly. the amount per $1.00 is 1.040742. he can also invest $7,000 in a 1-year cd at annual rate of 4 percent compounded quarterly. the amount per $1.00 is 1.040604. what is the difference in the amount of interest earned for each investment? a) $0.96 b) $0.81 c) $0.87 d) $0.88