Mathematics

Mathematics, 20.07.2019 07:40, chicalapingpon1938

Suppose that you have $10,000 to invest over a 3 year period. there are two accounts to choose from: 4% compounded monthly or 3.5% compounded continuously. a. write the formula for the first account’s compound interest for n compoundings per year. b. write the formula for the account with continuously compounded interest. c. use the formulas and information above to solve for the balance of each investment after 3 years. d. which investment account offers a better return on your money?

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Mathematics, 01.07.2019 01:30, lizzy6629

Suppose carla has $12,000 to invest. which investment yields the greater return over 2 years: 9% compounded quarterly or 8.85% compounded monthly? a) the rate of 8.85% compounded monthly is better. b) the rate of 9% compounded quarterly is better. c) they are the same.

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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?

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Mathematics, 20.07.2019 07:40, asalimanoucha2v

Suppose that you have $10,000 to invest over a 3 year period. there are two accounts to choose from: 4% compounded monthly or 3.5% compounded continuously.

Answers: 1

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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?

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