subject
Mathematics, 03.06.2021 06:30 wisal96

You get a gift of $1,000.  You decide that you want to invest all of the money in a savings account.  However, your bank has two different savings plans.  Determine the final amount in the account for each plan in 5 years.  Round your answers to two decimal places if needed.   
Plan A:  The bank gives you 4% interest rate and it is compounded every two months.  
 
Plan B:  The bank gives you a 10% interest rate and compounds the interest every 6 months.

Final Account balance for Plan A: $ 
 
Final Account balance for Plan B: $

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
In the diagram below, dab and dac are adjacent angles. if mdac = 25°, what is mdab in degrees? what is mbac in degrees?
Answers: 3
question
Mathematics, 21.06.2019 21:20
Drag each expression to the correct location on the solution. not all expressions will be used. consider the polynomial 8x + 2x2 - 20x - 5. factor by grouping to write the polynomial in factored form.
Answers: 1
question
Mathematics, 21.06.2019 23:40
Select the correct answer what is the 10th term of the geometric sequence 3,6, 12, 24,48 a. 512 b. 3,072 c. 768 d. 1,536
Answers: 2
question
Mathematics, 22.06.2019 00:30
Hi i’m not sure how to do question 20 if u could explain how to do it that’d b great
Answers: 1
You know the right answer?
You get a gift of $1,000.  You decide that you want to invest all of the money in a savings account....
Questions
question
Geography, 13.01.2020 17:31
question
Mathematics, 13.01.2020 17:31
question
Biology, 13.01.2020 17:31
Questions on the website: 13722367