chloejaylevesque
02.10.2020 •
Mathematics
A bank representative studies compound interest, so she can better serve customers. She analyses what happens when $2,000 earns interest several different ways at a rate of 2% for 3 years.
a. Find the interest if it is computed using simple interest
b. Find the interest if it is compounded annually.
c Find the interest if it is compounded semi-annually.
d. Find the interest if it is compounded quarterly e. Find the interest if it is compounded monthly.
f. Find the interest if it is compounded daily
g. Find the interest if it is compounded hourly. h. Find the interest if it is compounded every minute.
i. Find the interest if it is compounded continuously.
j. What is the difference in total interest if computed using simple interest or if compounded continuously?
Solved
Show answers
More tips
- H Health and Medicine What vaccines do children need?...
- H Health and Medicine Reasons for the Appearance of Warts: Everything You Need to Know...
- G Goods and services What Are the Most Popular Services?...
- O Other What is the oldest joke ever told?...
- L Legal consultation How to Properly Inherit: Tips and Recommendations...
- C Computers and Internet Boost your processor performance with these easy tips...
- S Sport How does Bodyflex work: what is it and how does it work?...
- H Health and Medicine How to Whiten Teeth and Get the Perfect Smile...
- S Style and Beauty How to Properly Apply Eye Makeup: Tips from a Professional Makeup Artist...
- A Auto and Moto How Can Parking Sensors Help Drivers?...
Answers on questions: Mathematics
- M Mathematics PLEASE HELP Choose the first step in solving the following equation: 4(2x - 5) + 2x = 11 a 8x - 20 + 8x = 11 b 8x - 20 + 2x = 11 c 4(2x) + 2x = 16 d 4(4x - 5) = 11 e (2x - 5) +...
- M Mathematics How can you tell if a relationship is nonproportional?...
- M Mathematics The photo below being enlarged to form a 16×20 inch print. What is the scale factor being used to enlarge it....
- M Mathematics What is 3/4 in whole numbers...
- M Mathematics Among all pairs of numbers with a sum of 39, find the pair whose product is maximum. Write your answers as fractions reduced to lowest terms....
- M Mathematics A water tank contains 55 gallons of water when Baxter begins to fill it. Water flows into the tank at a rate of 8 gallons per minute. What is the slope? What is the y-intercept?...
- M Mathematics Would someone help me solve for x?...
- M Mathematics Question 8 Given the g(0) = (0) + k identitly a value of k that transforms into g. А k=6 B k=.6 k=7 D k=-7...
- M Mathematics Mr. Martínez asked his students to write a situation that could describe the relationship between all the values of x and y in the table?...
- M Mathematics Please hellppppppp ii really need help...
Ответ:
Given that a bank representative studies compound interest, so she can better serve customers. She analyzes what happens when $2,000 earns interest several different ways at a rate of 2% for 3 years.a) the interest if it is computed using simple interest. 12.00= dollarsb) the interest if it is compounded annually.= dollarsc) the interest if it is compounded semiannually=d) the interest if it is compounded quarterly.=e) the interest if it is compounded monthly.=
Ответ:
Step-by-step explanation:
11^2=3.9^2+x^2
121=15.21+x^2
105.79=x^2