Mathematics, 10.03.2021 16:30 savannabroyhill24
Will give brainliest if you awnser all math questions
1. Growth curve A represents $200 saved at 2.5 percent simple interest. Growth curve B represents $200 saved at 2.5 percent interest, compounded quarterly.
Which savings account is growing fastest?
They are growing at the same rate.
simple interest
compounded quarterly
2.Growth curve A represents $200 saved at 2.5 percent simple interest. Growth curve B represents $200 saved at 2.5 percent interest, compounded quarterly.
Use the graph shown to estimate the amount in Account A in 30 years.
$340
$350
$370
$400
3.Growth curve A represents $200 saved at 2.5 percent simple interest. Growth curve B represents $200 saved at 2.5 percent interest, compounded quarterly.
Use the graph shown to estimate the amount in Account B in 30 years.
$400
$410
$420
$450
4.Growth curve A represents $200 saved at 2.5 percent simple interest. Growth curve B represents $200 saved at 2.5 percent interest, compounded quarterly.
What is the approximate difference between the two accounts in 20 years?
$100
$50
$25
$10
5.Growth curve A represents $200 saved at 2.5 percent simple interest. Growth curve B represents $200 saved at 2.5 percent interest, compounded quarterly.
Why is the amount much higher in the compounded interest account?
The account started with more money.
The account is in a better bank.
The interest rate is higher.
The account pays interest on both the principal and the interest accumulated.
Answers: 2
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Will give brainliest if you awnser all math questions
1. Growth curve A represents $200 saved at 2....
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