subject
Mathematics, 26.03.2021 23:00 jaida03

Angelica is considering savings options. Bank 1, she can invest $500 compound interest for an annual rate of 2.3%. At bank 2, she can invest $500 at a simple interest rate of 2%. How much more money would Angelica earn in 5 years with Bank 1 thank Bank 2. (Hint: when finding compound interest you will have to take "A-total amount" then subtract your "P-principle" to get interest)

A $510.21

B $60.21

C $50.00

D $10.21


Angelica is considering savings options. Bank 1, she can invest $500 compound interest for an annua

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 22.06.2019 01:20
Write 5 in the form of a/b using integers to show it as a rational number
Answers: 1
question
Mathematics, 22.06.2019 01:30
How do u write a function for the reflection across the y axis
Answers: 1
question
Mathematics, 22.06.2019 02:00
Yolanda wanted to buy a total of 6 pounds of mixed nuts and dried fruit for a party she paid 21.60 for mixed nuts and 11.90 for dried fruit did yolanda but enough mixed nuts and dried fruit for the party
Answers: 2
question
Mathematics, 22.06.2019 04:30
The ordered pair (2,-5.2) is located in quadrant iv
Answers: 1
You know the right answer?
Angelica is considering savings options. Bank 1, she can invest $500 compound interest for an annual...
Questions
question
Mathematics, 22.10.2020 09:01
question
Mathematics, 22.10.2020 09:01
question
Mathematics, 22.10.2020 09:01
question
Mathematics, 22.10.2020 09:01
question
Mathematics, 22.10.2020 09:01
question
Mathematics, 22.10.2020 09:01
Questions on the website: 13722361