subject
Mathematics, 01.03.2021 09:50 chanel2371

Compare the investment below to an investment of the same principal at the same rate compounded annually. principal: $6,000, annual interest: 8%, interest periods: 4, number of years: 13
After 13 years, the investment compounded periodically will be worth $
(Round to two decimal places as needed.)
more than the investment compounded annually.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:50
What is the inverse of the function f(x) = 2x + 1?
Answers: 1
question
Mathematics, 21.06.2019 16:00
Graph the equation by plotting point x=2
Answers: 1
question
Mathematics, 21.06.2019 21:00
3x + 4y = 5 x- 3y = -7 solve by substitution
Answers: 1
question
Mathematics, 22.06.2019 02:50
If $190 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 4 years? use the continuous compound interest formula: a = pert
Answers: 2
You know the right answer?
Compare the investment below to an investment of the same principal at the same rate compounded annu...
Questions
Questions on the website: 13722367