Mathematics
Mathematics, 22.02.2021 18:30, hunterthompson2

Valerie is considering various savings options. At Bank 1, she can invest $1,000 in a CD that earns compound interest at an annual rate of 2.4%.
At Bank 2, she can invest $1,000 in a savings account that pays 2% simple interest upon withdrawal.

Valerie will not make any additional deposits or withdraws. How much more money would Valerie earn in 5 years with the CD at Bank 1 than with the savings account at Bank 2?

answer
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 12:30, rakanmadi87
2men and 7 boys can do a piece of working 4 days. it is done by 4 men and 4 boys in 3 days how long would it take for 1man or one boy to do it alone
Answers: 3
image
Mathematics, 21.06.2019 18:30, veheca
According to the 2008 u. s. census, california had a population of approximately 4 × 10^7 people and florida had a population of approximately 2 × 10^7 people. which of the following is true? a. the population of florida was approximately two times the population of california. b. the population of florida was approximately twenty times the population of california. c. the population of california was approximately twenty times the population of florida. d. the population of california was approximately two times the population of florida.
Answers: 1
image
Mathematics, 21.06.2019 21:30, fjdkj
Acertain volume of water contains 100000 hydrogen atoms and 50,000 oxygen atoms how many hydrogen atoms are in a volume of water containing 4 million oxygen atoms
Answers: 1
image
Mathematics, 21.06.2019 21:50, gamergladiator43
Tamar is measuring the sides and angles of tuv to determine whether it is congruent to the triangle below. which pair of measurements would eliminate the possibility that the triangles are congruent
Answers: 1
Do you know the correct answer?
Valerie is considering various savings options. At Bank 1, she can invest $1,000 in a CD that earns...

Questions in other subjects:

Konu
Mathematics, 09.04.2020 10:49
Konu
Mathematics, 09.04.2020 10:50