Mathematics, 12.05.2021 02:30 DrGeneric
100 Points
An investment banker is responsible for investing a customer’s money into the greatest interest earning account. The banker has the following options for his customer’s investment:
Account A:
interest rate = 8%
term of investment = 8 years
interest compounded annually
Account B:
interest rate = 7%
term of investment = 10 years
interest compounding continuously
Which account, A or B, will earn the customer the greatest amount of interest on his $50,000 investment? In your final answer, include all of your calculations.
Answers: 2
Mathematics, 21.06.2019 20:00
Donald has x twenty-dollar bills and 11 ten-dollar bill. how much money does donald have? write your answer as an expression.
Answers: 2
Mathematics, 21.06.2019 20:10
Acolony contains 1500 bacteria. the population increases at a rate of 115% each hour. if x represents the number of hours elapsed, which function represents the scenario? f(x) = 1500(1.15)" f(x) = 1500(115) f(x) = 1500(2.15) f(x) = 1500(215)
Answers: 3
100 Points
An investment banker is responsible for investing a customer’s money into the greatest i...
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