Mathematics, 12.03.2020 00:32 poppy1173
Javier invests $500 into an account
with the bank that compounds continuously with an annual rate of 9.0% and
Maria invests $500 into a different account that compounds annually with an
annual rate of 9.03%. Find the value in
each account after 10 and 30 years. What
did you notice? Should you compare more
than just the annual rate to determine
which account to invest in? Why or why
not?
Answers: 3
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Answers: 3
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Carla was trying to decide what to do saturday evening. she has $100 available to spend for the evening. she has narrowed her choices down to these events: braves game, a concert of an artist she likes, or the georgia aquarium. admission to the braves game is $25, hot dogs cost $10, sodas cost $5. the concert costs $25 for admission, $20 for a souvernir t-shirt, and $10 for a soda. the georgia aquarium has the show of a lifetime with an all you can eat and drink that costs $100. carla does not want to take any driving chances, so in addition to the cost of the aquarium, she will also need to pay for her uber/lyft, which is $15 each way. which option should carla choose if she wants to spend the least? based on that choice, what then is carla's oppotunity cost? fully explain your answer in at least one paragraph.
Answers: 1
Javier invests $500 into an account
with the bank that compounds continuously with an an...
with the bank that compounds continuously with an an...
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