Mathematics

Mathematics, 16.09.2019 10:30, gluanete

You invest $7000 in an account bearing 5% for ten years. how much will the account be worth if compounded quarterly? what about monthly?

answer

Answers: 2

Show answers

Similar questions

Предмет

Mathematics, 17.07.2019 19:10, jetblackcap

Be sure to respond to both items 1 and 2: discuss which would be a better investment if you were investing for a period of 5 years. provide all details. option 1: $2000 invested at 6% compounded quarterly option 2: $2000 invested at 2% compounded continuously you just had a baby and want to invest for his college tuition. you found two different accounts: in account one you have to invest $2500 at 2% compounded monthly. in account two, you have to invest $2000 at 4% compounded annually. if you predict that your child will be entering college in 17 years, which account would produce more interest over that time?

Answers: 2

Предмет

Mathematics, 04.08.2019 04:40, erees9653

Aprincipal of $7000 is invested in an account paying an annual rate of 7%. find the amount in the account after 5 years if the account is compounded semiannually, quarterly, and monthly. (a) the amount in the account after 5 years if the account is compounded semiannually is? (round to the nearest cent.)

Answers: 1

Предмет

Mathematics, 09.08.2019 03:10, loves2ballet

Be sure to respond to both items 1 and 2: discuss which would be a better investment if you were investing for a period of 5 years. provide all details. option 1: $2000 invested at 6% compounded quarterly option 2: $2000 invested at 2% compounded continuously you just had a baby and want to invest for his college tuition. you found two different accounts: in account one you have to invest $2500 at 2% compounded monthly. in account two, you have to invest $2000 at 4% compounded annually. if you predict that your child will be entering college in 17 years, which account would produce more interest over that time?

Answers: 3

Do you know the correct answer?

You invest $7000 in an account bearing 5% for ten years. how much will the account be worth if compo...

Questions in other subjects:

Konu

Mathematics, 24.08.2019 22:10

Distance from sun (in km) distance in scientific notation 5.7909 x 10 to power of 7 i 2.279 x 10^8 57.9 million km 108.2 million km 149.6 millio...

Konu

English, 24.08.2019 22:10

Identify and analyze the primary conflict. what is the definition of “memoir”?...

Konu

Chemistry, 24.08.2019 22:10

The united states is a major producer of what element? mercury diamonds copper aluminum...

Konu

Mathematics, 24.08.2019 22:10

alcohol strength refers to the in a beverage. hops and grain concentration of alcohol type of mixer carbonation 2. when an individual consumes...

Konu

Social Studies, 24.08.2019 22:10

Draw conclusions what would be the opportunity cost of driving to california for a vacation instead of flying...

Konu

Mathematics, 24.08.2019 22:10

Only answer it if you know the answer! first person to answr it get

Konu

Mathematics, 24.08.2019 22:10

The perimeter of the triangular park shown on the right is 14x-5. what is the missing length?...

Konu

History, 24.08.2019 22:10

Best describes the beginning of the world war 2...

Konu

English, 24.08.2019 22:10

27 brainlist as well! : ( i dont know how to start..i will follow you, i will like one ot yours answers. deal? > : 3write a short summary about the cartesian coordinate...

Konu

Mathematics, 24.08.2019 22:10

Enter the correct answer in the box....

Other tasks in the category: Mathematics More task