subject
Mathematics, 16.11.2020 23:10 alvaradovanessa14

A savings account pays a 3% nominal annual interest rate and has a balance of $1,000. Any
interest earned is deposited into the account
and no further deposits or withdrawals are
made.
If interest is compounded semi-annually (twice
a year), what interest rate would be used for
each calculation? (Do NOT put a % symbol on
your answer.)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 12:30
Write the equation below the represents the line passing through the point (-3, -1) negative one with a slope of 4
Answers: 2
question
Mathematics, 21.06.2019 16:00
Asalesperson earns $320 per week plus 8% of her weekly sales. the expression representing her earnings is 320 + 0.08x. which of the following describes the sales necessary for the salesperson to earn at least $1000 in the one week?
Answers: 2
question
Mathematics, 21.06.2019 16:50
Consider circle h with a 3 centimeter radius. if the length of minor arc what is the measure of zrst?
Answers: 2
question
Mathematics, 21.06.2019 17:00
For which of the following counts would a binomial probability model not be reasonable? a)the number of people in a classroom born in januaryb) the number of people in a classroom with red hair c) the number of people admitted to a hospital in a day with a particular disease d) the number of heart beats in a one-minute perio.
Answers: 3
You know the right answer?
A savings account pays a 3% nominal annual interest rate and has a balance of $1,000. Any
int...
Questions
question
Physics, 25.01.2021 17:30
question
Mathematics, 25.01.2021 17:30
question
Mathematics, 25.01.2021 17:30
question
Chemistry, 25.01.2021 17:30
Questions on the website: 13722362