subject
Mathematics, 06.05.2021 19:10 quintonps12

3. After two summers of working, Samuel has decided to invest his earnings for his future. Samuel's bank offers two CD options as
shown in the table.
CD Options
Standard CD
Preferred CD
$10,000 minimum
1% Interest,
compounded annually
$7,000 minimum
2% simple interest
earned annually
Samuel has $8000 to invest. How many years will Samuel need to
invest his money in the standard CD before he will have the
minimum amount of money to invest in the preferred CD?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
Determine the quotient and remainder when (6a3)+11a2-4a-9) is divided by (3a-2) express your answer in the form q(a) + r(a)/d(a)
Answers: 1
question
Mathematics, 21.06.2019 17:30
Sheila wants to bake six muffins but the recipe is for 12 muffins . this means you only need half of the ingredients listed how much of the of each ingredient does she need? one cup and banana chips ,7 tablespoons oil , two eggs, 3/4 cups flour 1/4 cup walnuts show all you work and justify your answer using a baby toulmin.
Answers: 3
question
Mathematics, 21.06.2019 19:00
What is the simplified form of (3.25x10^3)(7.8x10^6) written in scientific notation?
Answers: 1
question
Mathematics, 21.06.2019 19:40
It appears that people who are mildly obese are less active than leaner people. one study looked at the average number of minutes per day that people spend standing or walking. among mildly obese people, the mean number of minutes of daily activity (standing or walking) is approximately normally distributed with mean 376 minutes and standard deviation 64 minutes. the mean number of minutes of daily activity for lean people is approximately normally distributed with mean 528 minutes and standard deviation 107 minutes. a researcher records the minutes of activity for an srs of 7 mildly obese people and an srs of 7 lean people. use z-scores rounded to two decimal places to answer the following: what is the probability (image for it appears that people who are mildly obese are less active than leaner people. one study looked at the averag0.0001) that the mean number of minutes of daily activity of the 6 mildly obese people exceeds 420 minutes? what is the probability (image for it appears that people who are mildly obese are less active than leaner people. one study looked at the averag0.0001) that the mean number of minutes of daily activity of the 6 lean people exceeds 420 minutes?
Answers: 1
You know the right answer?
3. After two summers of working, Samuel has decided to invest his earnings for his future. Samuel'...
Questions
question
Mathematics, 24.02.2021 01:50
question
Mathematics, 24.02.2021 01:50
question
Chemistry, 24.02.2021 01:50
question
Mathematics, 24.02.2021 01:50
question
Mathematics, 24.02.2021 01:50
Questions on the website: 13722367