An investment banker is responsible for investing a customer’s money into the greatest interest earning account. The banker has the following options for his customer’s investment: Account A:

interest rate = 8%

term of investment = 8 years

interest compounded annually

Account B:

interest rate = 7%

term of investment = 10 years

interest compounding continuously

Which account, A or B, will earn the customer the greatest amount of interest on his $50,000 investment? In your final answer, include all of your calculations.

Two language majors, anna and megan, took exams in two languages. anna scored 85 on both exams. megan scored 74 on the first exam and 85 on the second exam. overall, student scores on the first exam had a mean of 82 and a standard deviation of 4, and the second exam scores had a mean of 71 and a standard deviation of 13. a) to qualify for language honors, a major must maintain at least an 85 average across all language courses taken. so far, which of anna and megan qualify? b) which student's overall performance was better?