subject
Mathematics, 26.02.2021 21:40 beverly9662

Harrison and Sherrie are making decisions about their bank accounts. Harrison wants to deposit $200 as a principle amount, with an interest of 2% compounded quarterly. Sherrie wants to deposit $200 as the principle amount, with an interest of 4% compounded monthly. Explain which method results in more money after 2 years. Show all work.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 17:30
Gregory draws a scale drawing of his room. the scale that he uses is 1 cm : 4 ft. on his drawing, the room is 3 centimeters long. which equation can be used to find the actual length of gregory's room?
Answers: 1
question
Mathematics, 21.06.2019 18:20
17. a researcher measures three variables, x, y, and z for each individual in a sample of n = 20. the pearson correlations for this sample are rxy = 0.6, rxz = 0.4, and ryz = 0.7. a. find the partial correlation between x and y, holding z constant. b. find the partial correlation between x and z, holding y constant. (hint: simply switch the labels for the variables y and z to correspond with the labels in the equation.) gravetter, frederick j. statistics for the behavioral sciences (p. 526). cengage learning. kindle edition.
Answers: 2
question
Mathematics, 22.06.2019 00:00
Define the type of sequence below. 7, 14, 28, 56, 112, a. neither arithmetic nor geometric b. arithmetic c. both arithmetic and geometric d. geometric
Answers: 1
question
Mathematics, 22.06.2019 02:00
The product of 3 and a number increased by 8 is 31
Answers: 1
You know the right answer?
Harrison and Sherrie are making decisions about their bank accounts. Harrison wants to deposit $200...
Questions
question
History, 28.11.2020 20:40
question
English, 28.11.2020 20:40
question
Mathematics, 28.11.2020 20:40