subject
Mathematics, 04.07.2020 14:01 zayzay162

Patrick and Brooklyn are making decisions about their bank accounts. Patrick wants to deposit $300 as a principal amount, with an interest of 3% compounded quarterly. Brooklyn wants to deposit $300 as the principal amount, with an interest of 5% compounded monthly. Explain which method results in more money after 2 years. Show all work.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:50
Line l passes through points (0,4) and (3,6) what is the slope of a line that is parallel to line l -2/3 -3/2 2/3 3/2
Answers: 1
question
Mathematics, 21.06.2019 20:00
Afamily has five members. a mom, a dad, two sisters, & a brother. the family lines up single file. what is the probabillity that the mom is at the front of the line
Answers: 1
question
Mathematics, 21.06.2019 20:40
What are the values of each variable in the diagram below?
Answers: 2
question
Mathematics, 21.06.2019 21:40
What is the value of x in the equation 1.5x+4-3=4.5(x-2)?
Answers: 2
You know the right answer?
Patrick and Brooklyn are making decisions about their bank accounts. Patrick wants to deposit $300 a...
Questions
question
Mathematics, 23.03.2021 03:40
question
Mathematics, 23.03.2021 03:40
question
Mathematics, 23.03.2021 03:40
question
Mathematics, 23.03.2021 03:40
question
Biology, 23.03.2021 03:40
Questions on the website: 13722367