You have $1000.00 to invest in a savings account. You have 2 choices of investments.
The first choice is Falcon Bank & Trust. They offer a simple interest rate of 10.50% annually [each year].
The second choice is Bank of Oakley which offers a compounded interest rate of 10.00% annually which is
compounded monthly.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You have $1000.00 to invest in a savings account. You have 2 choices of investments. The first choice is Falcon Bank & Trust. They ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
If you grow 523 eggplants and sell 378 how many do u have left
Answers (2)
What are the solutions of 3 (x-4) (2x-3) = 0
Answers (1)
Name a pair of complementary angles in the diagram above.
Answers (1)
Given y = f (u) and u = g (x), find dy/dx = f' (g (x)) g' (x).
Answers (1)
Find the length of the diagonal of a rectangle whose length is 7 feet greater than its width and whose total area is 120 square feet.
Answers (1)
New Questions in Mathematics
How do u multiply monimials
Answers (1)
If the filament is broken the circuit becomes
Answers (1)
Factor 3x 2 - 15x - 42. 3 (x - 2) (x - 7) 3 (x - 2) (x + 7) 3 (x - 7) (x + 2)
Answers (2)
The temperature has changed by - 8.4 F over the last 1.5 hours. What is the average change in the temperature in each hour? A. 5.6 F B. 0.56 F C. - 0.56 F D. - 5.6 F
Answers (2)
The doubling time of a population of grasshoppers is 10 days. By what factor does the population of grasshoppers grow in 25 days?
Answers (1)