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. need help calculating account b's balance

Gregory may choose account B.

Given that,

Based on the above information, the calculation is as follows:

= $6,291.6

= $6,293

Therefore we can conclude that Gregory may choose account B.

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Step-by-step explanation:

principal = $5,000

interest rate = 2.3%

account A: compound monthly for 10 years

account B: compound continuously for 10 years

account A: compound monthly for 10 years

A = P (1 + r/12)^ r*t

 = $5,000 (1 + .023/12)^ 12(10)

= $6,291.6

account B: compound continuously for 10 years

FVn = PV * e^r*t

      = $5,000 * e ⁽⁰ ⁰²³ˣ¹⁰⁾

      = $6,293

Gregory may chose account B. (but the difference is only $1.40)

option a.

step-by-step explanation:

if you look closely at the graph, we can notice that the function is not defined at two different points.

if you look at functions b and c, you will notice that both functions are not defined at just one point. the function b is not defined at x= -5/2 and function c is not defined at x=-5. both options are discarded, given that our function should not be defined at two fiferent points.

now, if you look closely at the graph you will notice that the function sketched is not defined at x=5 and x=-2.

i dont know sorry

step-by-step explanation: