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Mathematics, 21.06.2019 16:30
Scott harris can invest $7,000 in a 1-year cd that earns interest at an annual rate of 4 percent compounded monthly. the amount per $1.00 is 1.040742. he can also invest $7,000 in a 1-year cd at annual rate of 4 percent compounded quarterly. the amount per $1.00 is 1.040604. what is the difference in the amount of interest earned for each investment? a) $0.96 b) $0.81 c) $0.87 d) $0.88
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Mathematics, 21.06.2019 19:10
If $740 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 7 years? use the continuous compound interest formula a = pert.
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Mathematics, 21.06.2019 20:20
Convert the mixed numbers into improper fractions. convert the improper fraction to mixed numbers.
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