Mathematics, 23.05.2020 01:03 2kdragginppl
A bank offers a savings account which pays 3% interest per year. The amount of money in the account after t years is represented by the expression P(1 + I/n)^nt, where P represents the initial amount of money invested, n represents the number of times per year the interest is compounded, i represents the interest rate, and t represents the number of years the money has been invested. Which statement describes what happens with the savings account when the interest is compounded monthly instead of yearly? Select two that apply.
A. The variable t will change because it is a factor that is multiplied by n. B. The variable t will not change because it is a factor that is independent of n. C. The variable i will change because it is a factor that is dependent on n. D. The variable P will not change because it is a factor that is independent of n. E. The variable P will change because it is multiplied by a factor that is dependent on n.
Answers: 1
Mathematics, 21.06.2019 16:40
14 pointslet x be the seats in the small van and y the seats in the large van. how many seats does the large van have? a company uses two vans to transport worker from a free parking lot to the workplace between 7: 00 and 9: 00a.m. one van has 9 more seats than the other. the smaller van makes two trips every morning while the larger one makes only one trip. the two vans can transport 69 people, maximum.how many seats does the larger van have?
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Mathematics, 22.06.2019 01:50
Quadrilateral ghij has coordinates g(5, 1), h(4, -3), i(6, -1), and j(2, 1). if the quadrilateral is reflected over the line y = x, what are the coordinates of h'?
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Mathematics, 22.06.2019 04:00
Which ordered pair makes both inequalities true? y< 3x-1 and y> -x+4 4,0 1,2 0,4 2,1
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A bank offers a savings account which pays 3% interest per year. The amount of money in the account...
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