subject
Business, 03.06.2021 01:00 amaliathornton22

For the given principal, interest rate, and time period, determine the amount of interest that would be earned in an account paying simple interest. Also determine the amount of interest that would be earned in an account paying compound interest with interest compounded semiannually. Determine how much more interest would be earned in the account paying compound interest. Round to the nearest cent. Principal: $3480 Rate: 4.95% Years:

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:30
Clonex labs, inc., uses the weighted-average method in its process costing system. the following data are available for one department for october: percent completed units materials conversion work in process, october 1 53,000 90 % 65 % work in process, october 31 29,000 74 % 52 % the department started 381,000 units into production during the month and transferred 405,000 completed units to the next department. required: compute the equivalent units of production for october.
Answers: 2
question
Business, 22.06.2019 10:30
Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst
Answers: 1
question
Business, 22.06.2019 11:30
Chuck, a single taxpayer, earns $80,750 in taxable income and $30,750 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) (do not round intermediate calculations. round your answers to 2 decimal places.)
Answers: 2
question
Business, 22.06.2019 14:10
Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity
Answers: 1
You know the right answer?
For the given principal, interest rate, and time period, determine the amount of interest that would...
Questions
Questions on the website: 13722367