Mathematics
Mathematics, 23.07.2021 01:00, coliver15

1. An account pays 3.3% interest compounded quarterly. Marson will make a regular deposit at the end of every 3 months, and wishes to reach a goal of $5500 after 4 years.

What is the amount of the regular deposit every 3 months?

2. Tristan is financing a car, which has a price of $20 000. The dealership offers a 6-year loan for the entire amount, with an interest rate of 1.04% compounded bi-weekly.

What is the value of Tristan's bi-weekly payment?

answer
Answers: 3

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1. An account pays 3.3% interest compounded quarterly. Marson will make a regular deposit at the en...

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