subject
Mathematics, 03.11.2019 00:31 moose12002

1. gregory may choose between two accounts in which to invest $5000. account a offers 2.3% annual interest compounded monthly. account b offers continuous compound interest. greg plans to leave his investment untouched (no further deposits and no withdrawals) for 10 years.

(a) which account will yield the greater balance at the end of 10 years?

(b) how much more money does greg earn by choosing this more profitable account?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
Shiny white dental insurance costs $258 per year. approximately one-third of insured people need a filling, which averages $110 each. 80% of insured people get a preventive check-up each year, and the average cost of this visit is $95. if you consider shiny white’s income and expenses, what is the expected value of each insured customer?
Answers: 1
question
Mathematics, 21.06.2019 13:00
There is a line with slope 1/a going through the point (a, a²). find the equation of the line perpendicular to this line at this point. (don’t let this problem intimidate you! solve the problem as you would if i’d given you specific values. just use variables instead.)
Answers: 2
question
Mathematics, 21.06.2019 20:40
Reduce fractions expressing probability to lowest terms. in 3,000 repetitions of an experiment, a random event occurred in 500 cases. the expected probability of this event is?
Answers: 3
question
Mathematics, 21.06.2019 21:30
The map shows the location of the airport and a warehouse in a city. though not displayed on the map, there is also a factory 112 miles due north of the warehouse.a truck traveled from the warehouse to the airport and then to the factory. what is the total number of miles the truck traveled?
Answers: 3
You know the right answer?
1. gregory may choose between two accounts in which to invest $5000. account a offers 2.3% annual in...
Questions
question
Law, 16.12.2020 01:00
question
Mathematics, 16.12.2020 01:00
question
Mathematics, 16.12.2020 01:00
question
Mathematics, 16.12.2020 01:00
question
Mathematics, 16.12.2020 01:00