When opening a savings account, the interest rate which would produce the greatest interest would be:
a. a simple interest rate.
b. an interest rate that is compounded daily.
c. an interest rate that is compounded annually.
d. an interest rate that is compounded monthly.
e. None of these choices are correct.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When opening a savings account, the interest rate which would produce the greatest interest would be: a. a simple interest rate. b. an ...” 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
A painter needs a piece of glass to protect a painting. He is also putting wooden strips around the perimeter to make a frame for the painting. The painting is 85 centimeters by 62 centimeters.
Answers (2)
Ok how are the kids doing in here in mathematics
Answers (1)
Y=x-6 table for this
Answers (1)
Do I add all the GPAs together and then add all the GPAs above Salley and then subtract them from each other?
Answers (1)
Is the number 39 prime or composite and is the number 29 prime or composite or is the number 51 prime or composite.
Answers (1)
New Questions in Mathematics
Harry drives a delivery van and has several deliveries to make. He is in Horseshoe Bay and has a delivery to make in Highcliffe. What is the approximate distance (to the nearest kilometre), by road, between Horseshoe Bay and Highcliffe?
Answers (1)
600,000+80,000+10 in a form
Answers (2)
See an algebraic equation to solve the problem. The sides of a triangle are in the ratio 3 : 4 : 5. What is the length of each side if that perimeter of the triangle is 90 cm?
Answers (1)
You are ordering packaging for a product. Should you be more concerned with volume or surface area?
Answers (1)
Use the drop-down menus to complete each equation so the statement about its solution is true. No Solutions 2x+9+3x+x= One Solution 2x+9+3x+x= Infinitely Many Solutions 2x+9+3x+x=
Answers (2)