Mathematics, 09.12.2021 17:00 Winzen07
6. Interest rates fluctuate with the economy. In the 1980s, the highest CD interest a. If $1,000 is invested at 16% interest, compounded continuously, for 5 years, rate was over 16%. By 2017, the highest CD interest rates were approximately 2%. what is the ending balance? Round to the nearest cent. b. If $1,000 is invested at 2% interest, compounded continuously, for 5 what is the ending balance? Round to the nearest cent. c. What is the difference between the two ending balances?
Answers: 3
Mathematics, 21.06.2019 19:00
If olu is twice as old as funmi if the sum of their ages is 60 how old is olu
Answers: 1
Mathematics, 22.06.2019 01:30
The host of a game show is holding a bag with chips to see what prizes the contestants will play for. five (5) of the chips say “new car” ten (10) of the chips say “new tv” three (3) of the chips say “trip to france” contestant named “patty” reaches into the bag. a. what is the probability of choosing a tv chip? b. what is the probability of choosing a car chip next without replacing the 1st chip? c. are these dependent or independent events?
Answers: 1
6. Interest rates fluctuate with the economy. In the 1980s, the highest CD interest a. If $1,000 is...
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