subject
Mathematics, 02.08.2021 18:00 antonypaz6583

Hree years ago, Isabel got her first job after graduating from college. Once she began earning a steady monthly income, she decided to start saving for a new car. To help her stay on track with her savings, Isabel set up a savings account at her bank and arranged to automatically transfer money into it. On the 15th of every month, the bank transfers $200 from her checking account to her savings account. The interest on her savings account is 1.70% compounded monthly. Part A

Question

Which term best describes the savings account that Isabel has set up, given its purpose?

Select the correct answer.

emergency fund

mutual fund

rainy-day fund

sinking fund

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
The table shows population statistics for the ages of best actor and best supporting actor winners at an awards ceremony. the distributions of the ages are approximately bell-shaped. compare the z-scores for the actors in the following situation. best actor best supporting actor muequals42.0 muequals49.0 sigmaequals7.3 sigmaequals15 in a particular year, the best actor was 59 years old and the best supporting actor was 45 years old. determine the z-scores for each. best actor: z equals best supporting actor: z equals (round to two decimal places as needed.) interpret the z-scores. the best actor was (more than 2 standard deviations above more than 1 standard deviation above less than 1 standard deviation above less than 2 standard deviations below) the mean, which (is not, is) unusual. the best supporting actor was (less than 1 standard deviation below more than 1 standard deviation above more than 2 standard deviations below more than 1 standard deviation below) the mean, which (is is not) unusual.
Answers: 1
question
Mathematics, 21.06.2019 19:30
Richard save $32 in march he saved $48 in april and $38 in may then richard spent $113 on a keyboard how much money does richard have left
Answers: 1
question
Mathematics, 21.06.2019 20:30
Create a question with this scenario you could ask that could be answered only by graphing or using logarithm. david estimated he had about 20 fish in his pond. a year later, there were about 1.5 times as many fish. the year after that, the number of fish increased by a factor of 1.5 again. the number of fish is modeled by f(x)=20(1.5)^x.
Answers: 1
question
Mathematics, 21.06.2019 20:30
Diane’s bank is offering 5% interest, compounded monthly. if diane invests $10,500 and wants $20,000 when she withdrawals, how long should she keep her money in for? round to the nearest tenth of a year.
Answers: 2
You know the right answer?
Hree years ago, Isabel got her first job after graduating from college. Once she began earning a ste...
Questions
question
Mathematics, 22.03.2021 20:30
question
Arts, 22.03.2021 20:30
question
Mathematics, 22.03.2021 20:30
Questions on the website: 13722362