Mathematics, 07.10.2021 14:00 juliapreciiado

A bank offers a savings account which pays 3% interest per year. The amount of money in the account after t years is represented by the expression P(1+i/n)^nt, where P represents the initial amount of money invested, n represents the number of times per year the interest rate is compounded, i represents the interest rate, and t represents the number of years the money has been invested. Which statement describes what happens with the savings account when the interest is compounded monthly instead of yearly? Select two that apply. A. The variable t will change because it is a factor that is multiplied by n.

B. The variable t will not change because it is a factor that is independent of n.

C. The variable i will change because it is a factor that is independent of n.

D. The variable P will not change because it is a factor that is independent of n.

E. The variable P will change because it is multiplied by a factor that is dependent on n.

Answers: 1

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 18:30

If 3x+8=3x+8 is it one solution or no solution

Answers: 1

Answer

Mathematics, 22.06.2019 01:00

Anew landowner is interested in constructing a fence around the perimeter of her property. her property is 1,080√30 feet wide and 500√20 feet long. what is the perimeter of the property? (recall that the perimeter is the sum of each side of a shape or boundary). a 1,580√40 feet b. 5,320√5 feet c. 3,160√20 feet d. 10,640√5 feet

Answers: 3

Answer

Mathematics, 22.06.2019 01:00

Three consecutive integers have a sum of 234. what are the three integers

Answers: 2

Answer

Mathematics, 22.06.2019 02:20

Stu and ambrose are working together on a study of whether diet is related to students' mental health. first, they randomly select 10 students from the student center and 10 students from the office of counseling and psychological services. then, they ask students to rate their diet in terms of healthiness on a scale of 1-100 before completing a 20-item mental health survey. a) name one of the constructs being studied b) how was the construct you named above operationally defined in this experiment? e) was the variable you described above their independent variable, their dependent variable, or a controlled variable? d) what is a confounding variable? what is a potential confound in this study?

Answers: 3

Answer

You know the right answer?

A bank offers a savings account which pays 3% interest per year. The amount of money in the account...

Questions