Mathematics, 27.06.2019 11:20 Circe7527
You save 8,500.00 you place 40% in a saving account earning a 4.2 apr compounded annually and the rest in a stock plan. the stock plan decreases 3% in the first year and increase in the second year 1. what is the total gain at the end of the second year for both accounts combined ? 509.632. if you had invested 60% in the savings account and the rest in the stock plan, what is the difference in the total gain compared to the original? 73.12i already know the answers to both since my teacher gave it to me, but now i need to explain the step by step procedures on how to get that answer.
Answers: 1
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
Answers: 1
Mathematics, 21.06.2019 17:30
One positive number is 9 more than twice another. if their product is 95, find the numbers
Answers: 1
You save 8,500.00 you place 40% in a saving account earning a 4.2 apr compounded annually and the re...
Social Studies, 05.11.2020 18:30
Mathematics, 05.11.2020 18:30
History, 05.11.2020 18:30
Mathematics, 05.11.2020 18:30
English, 05.11.2020 18:30
Mathematics, 05.11.2020 18:30
Biology, 05.11.2020 18:30
Mathematics, 05.11.2020 18:30
Mathematics, 05.11.2020 18:30