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Mathematics, 25.02.2022 09:20 makaylamsikahema
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Suppose that you have $4000 to invest. Which investment yields the greater return over 9 years: 7.5% compounded continuously or 7.6% compounded semiannually? Show work
A)Both investment plans yield the same return.
B)$4000 invested at 7.6% compounded semiannually over 9 years yields the greater return.
C)$4000 invested at 7.5% compounded continuously over 9 years yields the greater return.
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Mathematics, 21.06.2019 21:50
Desmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2xdesmond wants to sell his car that he paid $8,000 for 2 years ago. the car depreciated, or decreased in value, at a constant rate each month over a 2-year period. if x represents the monthly depreciation amount, which expression shows how much desmond can sell his car for today? 8,000 + 24x 8,000 - 24x 8,000 + 2x 8,000 - 2x
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