subject
Mathematics, 15.01.2021 22:50 kprincess16r

Suppose you have $10,000 to invest and a choice between two investment plans. In each plan, the interest you earn each year is added to the value of the investment. In Plan A, you earn $500 in interest every year.

In Plan B, you earn 4% of your current investment value every year.

Which plan gives a larger value in year 10? In year 20?

In what year, if any, are the values about the same?


Suppose you have $10,000 to invest and a choice between two investment plans. In each plan, the int

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 20:30
Find the zeros of each function. f(x) = 6x^2 - 7x - 20
Answers: 1
question
Mathematics, 22.06.2019 01:30
Given a binomial distribution variable with n=20 and p=0.60 find the following possibilities using the binomial table a) p(x < 13) b) p x > 15) c) p(x = 17) d) p(11 < x < 14) e) p(11 < x < 14)
Answers: 3
question
Mathematics, 22.06.2019 03:00
What is the answer to question 11? will give extra points! include a explanation (reasonable) for you : )
Answers: 2
question
Mathematics, 22.06.2019 04:30
Who was the first president of the united states
Answers: 2
You know the right answer?
Suppose you have $10,000 to invest and a choice between two investment plans. In each plan, the inte...
Questions
question
Chemistry, 24.09.2019 22:00
question
Chemistry, 24.09.2019 22:00
Questions on the website: 13722363