Mathematics, 15.10.2019 01:00, MrConman8460
1) deangelo deposited $9350 into a savings account for which interest is compounded daily at a rate of 2.58% how much interest will he earn after 12 years?
a)$2821.97
b)$3392.79
c)$244.36
d)$252.50
2) colby deposited money into a savings account that pays a simple annual interest rate of 1.8% he earned $334.80 in interest after 6 years. how much did he deposit?
a)$18,600,00
b)$11,160.00
c)$3100.00
d)$2008.80
3) whitney deposited money into an account in which interest is compounded quarterly at a rate of 2.9% she made no other deposite or withdrawals and the total amount in her account after 12 years was $10,891.31 how much did she deposit ?
a)$7700
b)$8650
c)$9700
d)$10,580
4) the graph shows the total amounts in two accounts with the same principal and annual interest rate. after 40 years, how much did the account with compound interest earn than the account with simple interest?
a) about $525
b) about $500
c) about $300
d) about $225
Answers: 3
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