subject
Mathematics, 22.10.2019 04:00 petriajack8375

61.april would like to invest $200 in the bank for one year. three banks all have a nominal apr of 1.5%, but compound the interest differently.
d. each bank decides to double the nominal apr it offers for one year. that is, they offer a nominal apr of 3%. each bank advertises, "double the amount you earn! " for which of the three banks, if any, is this advertised claim correct?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
Asequence {an} is defined recursively, with a1 = 1, a2 = 2 and, for n > 2, an = an-1 an-2 . find the term a241. a) 0 b) 1 c) 2 d) 1 2
Answers: 1
question
Mathematics, 21.06.2019 17:30
If the measure of angle 1 is 110 degrees and the measure of angle 3 is (2 x+10 degree), what is the value of x?
Answers: 2
question
Mathematics, 21.06.2019 18:30
Astick 2 m long is placed vertically at point b. the top of the stick is in line with the top of a tree as seen from point a, which is 3 m from the stick and 30 m from the tree. how tall is the tree?
Answers: 2
question
Mathematics, 22.06.2019 00:20
Given: jk ||lm prove: _2 = 27 statement justification 1. jk ||lm 1. given 2.26 = 27 3.22 = 26 2. 3. 4. _2 = 27 4. corresponding angles theorem transitive property of equality vertical angles theorem substitution property of equality
Answers: 1
You know the right answer?
61.april would like to invest $200 in the bank for one year. three banks all have a nominal apr of 1...
Questions
question
Mathematics, 13.07.2019 23:30