Mathematics, 15.04.2020 23:37 kellyroy74
Account A: $300 monthly deposits, interest rate is 4.2%. Account B: $250 monthly deposits, interest rate is 5.1%. Which account will have a greater value at the end of 15 years?
a. Account A will be greater than Account B.
b. Account B will be greater because the interest rate is higher.
c. They will be worth about the same.
d. Not enough information.
Answers: 1
Mathematics, 21.06.2019 15:00
Answer this question, only if you know the answer. 30 points and brainliest!
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Mathematics, 21.06.2019 16:30
Scott harris can invest $7,000 in a 1-year cd that earns interest at an annual rate of 4 percent compounded monthly. the amount per $1.00 is 1.040742. he can also invest $7,000 in a 1-year cd at annual rate of 4 percent compounded quarterly. the amount per $1.00 is 1.040604. what is the difference in the amount of interest earned for each investment? a) $0.96 b) $0.81 c) $0.87 d) $0.88
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Mathematics, 21.06.2019 17:30
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Account A: $300 monthly deposits, interest rate is 4.2%. Account B: $250 monthly deposits, interest...
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