Mathematics, 28.04.2021 17:10 wangf123

Mr. Douglas wants to invest $4000 for ten years. He has two options to do this. Option 1 would be at an interest rate of 2.5% compounded quarterly and Option 2 would be at an interest rate of 2% compounded monthly. Give the amount of money for each option rounding to the nearest DOLLAR (no decimals). Then tell which is the better option?

Answers: 1

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 22:20

An object in geometry with no width, length or height is a(n):

Answers: 1

Answer

Mathematics, 21.06.2019 22:30

If a line is defined by the equation y = 5x + 2, what is the slope?

Answers: 2

Answer

Mathematics, 21.06.2019 22:30

21 a stick 7 inches long is broken into two pieces, so that one piece is twice as long as the other one. how long are the two pieces?

Answers: 1

Answer

Mathematics, 21.06.2019 23:00

Prove that 16^4-2^13-4^5 is divisible by 11.

Answers: 1

Answer

You know the right answer?

Mr. Douglas wants to invest $4000 for ten years. He has two options to do this. Option 1 would be at...

Questions

Biology, 23.05.2020 06:59

(1) What will be the frequency of the recessive allele in a population of 100 kangaroos if there are 50 dominant alleles? a. 150 b. 0.75

Mathematics, 23.05.2020 06:59

What’s the answer I need help badly...

Mathematics, 23.05.2020 06:59

A model of a building is built using a scale of 1 inch = 25 feet. What is the actual height of the building if the height of the model is 12.375 inche...

Mathematics, 23.05.2020 06:59

What’s the triangle pyramid in 2.4 m 1.4m 1.8m...

English, 23.05.2020 07:00

Write a poem or a song to describe how you are feeling during quarantine....

Physics, 23.05.2020 07:00

B. How does the ball's potential energy relate to the amount of work needed to place the ball on the 2-m shelf? the 2-m shelf to the 5-m s...

Mathematics, 23.05.2020 07:00

Jim and Lisa are buying their first home together. The purchase price is $157,500.00 and they are putting a 20 percent down payment on the home. They...

Mathematics, 23.05.2020 07:00

The number line shows four points. which point represents the approximate location of (75)

English, 23.05.2020 07:00

Which statement is accurate? The colon is correctly placed and necessary because the introductory text cannot stand alone. The colon is co...

Mathematics, 23.05.2020 07:00

Three consecutive integers are such that when they are taken in increasing order and multiplyied be 2,3 and 4 respectively they add up to74.Find these...

Mathematics, 23.05.2020 07:00

1which two angles are alternate exterior ? a. 1 and 3 b. 2 and 6 c. 4 and 7 d. 7 and 1 2which of the following two angle...

Mathematics, 23.05.2020 07:00

Plot the function (x+1)(x-3)...

Mathematics, 23.05.2020 07:00

If the deck is shuffled and a player is dealt two cards, what is the probability that one card is the king of hearts and one card is the king of diamo...

Mathematics, 23.05.2020 07:00

Write an equation of the line that passes through (1,3) and has a slope of 5/4...

Mathematics, 23.05.2020 07:00

Draw a picture to show...

Mathematics, 23.05.2020 07:00

The sphere at the right fits snugly inside a cube with 16-in. edges. What is the approximate volume of the space between the sphere and cube?...

English, 23.05.2020 07:00

1 point FOR QUESTIONS 6-10, REFER TO KATE CHOPIN'S "DESIREE'S BABY." In the beginning of the story, the image of Desiree and a stone pilla...

History, 23.05.2020 07:00

Explain why there was a push to create a Jewish state in Palestine (consider cultural issues, Zionism, and the Holocaust PLZZZ HELP!!!...

Mathematics, 23.05.2020 07:00

Use the definition of continuity and the properties of limits to show that f(x)= x^2-49/(x^2+6x-7)(x^2+14x+49) is continuous at x=5...

Mathematics, 23.05.2020 07:00

Find an ordered triple to represent u in u = 1/2 v - w +2 z if v =(4,-3,5), w = (2,6-1), and z=(3,0,4)...

More questions: Mathematics Another questions