Mathematics, 11.05.2021 05:10 marquetter7689
Two different banks, Bank A and Bank B, offer accounts with exactly the same annual interest rate of 6.85%. However, the account from Bank A has interest compounded monthly, whereas the account from Bank B compounds interest continuously. To decide which bank to open an account with, you calculate the amount of interest you would earn after three years from an initial deposit of $5000 in each bank’s account. How much interest would you earn from each account? Which bank’s account earns more – and how much more?
Answers: 3
Mathematics, 21.06.2019 17:00
How many credit hours will a student have to take for the two tuition costs to be equal? round the answer to the nearest tenth of an hour.
Answers: 1
Mathematics, 21.06.2019 20:00
Question 3 (essay worth 10 points) (03.06 mc) part a: max rented a motorbike at $465 for 5 days. if he rents the same motorbike for a week, he has to pay a total rent of $625. write an equation in the standard form to represent the total rent (y) that max has to pay for renting the motorbike for x days. (4 points) part b: write the equation obtained in part a using function notation. (2 points) part c: describe the steps to graph the equation obtained above on the coordinate axes. mention the labels on the axes and the intervals. (4 points)
Answers: 1
Two different banks, Bank A and Bank B, offer accounts with exactly the same annual interest rate of...
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