subject
Mathematics, 05.05.2020 00:18 mantooth

Deposit $100 a month for twenty years into an account with an annual rate of 5% compounded monthly. i. How much money will you have in 20 years? ii. How much interest will you make in 20 years? b) Wait ten years then start depositing $200 a month for ten years into an account with an annual rate of 5% compounded monthly. i. How much money will you have? ii. How much will you make in interest? c) In the second scenario what amount needs to be deposited in order to have the same amount after the ten years as you did in part “a”.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
A, b, c, and d have the coordinates (-8, 1), (-2, 4), (-3, -1), and (-6, 5), respectively. which sentence about the points is true? a. a, b, c, and d lie on the same line. b. and are perpendicular lines. c. and are parallel lines. d. and are intersecting lines but are not perpendicular. e. and are parallel lines.
Answers: 1
question
Mathematics, 21.06.2019 18:40
Ten times the square of a non-zero number is eqaul to ninety times the number
Answers: 1
question
Mathematics, 21.06.2019 20:30
3.17 scores on stats final. below are final exam scores of 20 introductory statistics students. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 57, 66, 69, 71, 72, 73, 74, 77, 78, 78, 79, 79, 81, 81, 82, 83, 83, 88, 89, 94 (a) the mean score is 77.7 points. with a standard deviation of 8.44 points. use this information to determine if the scores approximately follow the 68-95-99.7% rule. (b) do these data appear to follow a normal distribution? explain your reasoning using the graphs provided below.
Answers: 1
question
Mathematics, 21.06.2019 23:30
What is the gcf of 20c^3-5c^4+30c^6
Answers: 2
You know the right answer?
Deposit $100 a month for twenty years into an account with an annual rate of 5% compounded monthly....
Questions
question
Mathematics, 22.01.2021 02:20
question
Mathematics, 22.01.2021 02:20
question
Mathematics, 22.01.2021 02:20