94384 94384
  • 08-04-2024
  • Mathematics
contestada

You live near two banks. The first offers an account with an 8% interest rate compounded annually, while the second offers an account with a 7% interest rate, compounded continuously. You have five years to collect interest. Which plan is better?

Respuesta :

Otras preguntas

Which famous scientist played piano for earthworms as part of an experiment?
Desi says that there are more ounces in 1 t than there are pounds. Do you agree?
A 10.0g piece of copper wire, sitting in the sun reaches a temperature of 80.0 C. how many Joules are released when the copper cools to 40.0 C? The specific hea
All of the following can lead to economic growth except
Please explain and show working out
Solve each equation. 2+3log(4x)=5
In the story “The Scarlet Ibis” What mood does the foreshadowing create?!!!! PLS HURRY I NEED IT ASAP p
the cost of state college tuition is currently at $22,500 per year and is rising at a rate of 4% each year. What will the same college tuition be in 5 years?
Which famous scientist played piano for earthworms as part of an experiment?
List two communication technologies that have contributed to changes in the us economy since the end of the Cold War