Mathematics, 03.07.2019 11:00 loganparrish5370

(50 points) naomi deposited money into a savings account that is compounded quarterly at an interest rate of 6%. she thinks this quarterly rate is the same as a monthly interest rate of 1.25%. is naomi right, if so explain why and show how you got your answer. if you think naomi is incorrect explain the mistake in her reasoning, give the correct monthly interest rate, and show how you got your answer.

Answers: 1

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 16:00

The level of co2 emissions, f(x), in metric tons, from the town of fairfax x years after they started recording is shown in the table below. x 2 4 6 8 10 f(x) 26,460 29,172.15 32,162.29 35,458.93 39,093.47 select the true statement.

Answers: 1

Answer

Mathematics, 21.06.2019 16:40

The table shows the total distance that myra runs over different time periods. which describes myra’s distance as time increases? increasing decreasing zero constant

Answers: 1

Answer

Mathematics, 21.06.2019 17:40

Bradley hikes 12 miles in 3 hours. in relation to bradley’s hike, which statement describes the expression

Answers: 2

Answer

Mathematics, 21.06.2019 22:30

Gabrielle's age is two times mikhail's age. the sum of their ages is 84. what is mikhail's age?

Answers: 2

Answer

You know the right answer?

(50 points) naomi deposited money into a savings account that is compounded quarterly at an interest...