Mathematics, 22.01.2021 23:40 phancharamachasm
Compare the investment below to an investment of the same principal at the same rate compounded annually.
principal: $1,000, annual interest: 9%, interest periods: 12, number of years: 11
After 11 years, the investment compounded periodically will be worth $
(Round to two decimal places as needed.)
more than the investment compounded annually.
Please hurry
Answers: 1
Mathematics, 21.06.2019 20:20
Can some one explain this i got sent this. is this a threat i’m scared
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Mathematics, 21.06.2019 21:30
The expression 1.01*1.005(^t) gives the amount of money, in thousands of dollars, in carter's savings account (t) years after he opens it. what does 1.01 represent in this expression?
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Compare the investment below to an investment of the same principal at the same rate compounded annu...
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