Mathematics, 26.04.2021 23:30, BigDough9090

Suppose it were possible to invest $4,500 in a four-year Certificate of Deposit that pays an annual percentage rate of 3.5 percent. a.) What is the value of the Certificate of Deposit if the interest is compounded quarterly?

b.) What is the value of the Certificate of Deposit if the interest is compounded monthly?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 16:00, abbas7777

While scuba diving, rajeev dove to a depth of 12.6 feet below the surface of the water and then descended another 8.7 feet. what expression can be used to find rajeev's new position? 12.6 – 8.7 –12.6 – 8.7 –12.6 – (–8.7) 12.6 – (–8.7)

Answers: 2

continue

Mathematics, 21.06.2019 17:00, joylsbarbour

The ratio of rock songs to dance songs on jonathan’s mp3 player is 5: 6. the total number of rock and dance songs jonathan has is between 101 120. how many rock songs does he have?

Answers: 2

continue

Mathematics, 21.06.2019 20:30, aavil5659

Clarence wants to buy a new car. he finds an ad for a car that costs 27,200 dollars. suppose his local sales tax is 7%. -how much would he have to pay? -what is the cost of the car including tax? -if clarence has 29,864 saved, can he pay cash to buy the car?

Answers: 1

continue

Mathematics, 21.06.2019 21:00, desirekotta20

An account with a $250 balance accrues 2% annually. if no deposits or withdrawals are made, which graph can be used to determine approximately how many years will it take for the balance to be $282? it's e2020 ni️️as

Answers: 1

continue

Do you know the correct answer?

Suppose it were possible to invest $4,500 in a four-year Certificate of Deposit that pays an annual...