Mathematics, 02.10.2020 15:01 azireyathurmond1
A bank representative studies compound interest, so she can better serve customers. She analyses what happens when $2,000 earns interest several different ways at a rate of 2% for 3 years.
a. Find the interest if it is computed using simple interest
b. Find the interest if it is compounded annually.
c Find the interest if it is compounded semi-annually.
d. Find the interest if it is compounded quarterly e. Find the interest if it is compounded monthly.
f. Find the interest if it is compounded daily
g. Find the interest if it is compounded hourly. h. Find the interest if it is compounded every minute.
i. Find the interest if it is compounded continuously.
j. What is the difference in total interest if computed using simple interest or if compounded continuously?
Answers: 3
Mathematics, 21.06.2019 16:00
Use set buikder notation to represent the following set: {, -2, -1, 0}
Answers: 1
Mathematics, 21.06.2019 21:50
Suppose that the price p, in dollars, and the number of sales, x, of a certain item follow the equation 4 p plus 4 x plus 2 pxequals56. suppose also that p and x are both functions of time, measured in days. find the rate at which x is changing when xequals2, pequals6, and startfraction dp over dt endfraction equals1.5.
Answers: 2
A bank representative studies compound interest, so she can better serve customers. She analyses wha...
Mathematics, 16.09.2019 06:00
Health, 16.09.2019 06:00
Arts, 16.09.2019 06:00
English, 16.09.2019 06:00
English, 16.09.2019 06:00
Mathematics, 16.09.2019 06:00
Biology, 16.09.2019 06:00
Social Studies, 16.09.2019 06:00