subject
Mathematics, 12.03.2022 09:30 bella354

Larry and Peggy are making decisions about their bank accounts. Larry wants to deposit $350 as a principal amount, with an interest of 4% compounded quarterly. Peggy wants to deposit $350 as the principal amount, with an interest of 6% compounded monthly. Explain which method results in more money after 2 years. Show all work.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:30
Anew shopping mall is gaining in popularity. every day since it opened, the number of shoppers is 5% more than the number of shoppers the day before. the total number of shoppers over the first 10 days is 1258 how many shoppers were on the first day?
Answers: 2
question
Mathematics, 21.06.2019 22:30
Which one is the correct answer, and why?
Answers: 1
question
Mathematics, 21.06.2019 23:10
Which graph represents the linear function below? y-4= (4/3)(x-2)
Answers: 2
question
Mathematics, 22.06.2019 02:00
Twice the sum of a number and 2 is equal to three times the difference of the number and 8. find the number.
Answers: 1
You know the right answer?
Larry and Peggy are making decisions about their bank accounts. Larry wants to deposit $350 as a pri...
Questions
question
Law, 29.06.2021 20:40