All categories

3 years ago

In which situation would a savings account be the best investment to earn interest?

1 answer:

5 0

Assuming that the interest rate in each case is the same, the only factors that come into play are the length of time, and the accessibility of the money. The longer the money is left alone, the more money it will accrue, meaning the first option "saving for retirement in 20 years" is the best option. The two below it are a shorter length of time and will therefore accrue less, and the final option is less profitable because withdrawing from the account would decrease the total interest earned.

You might be interested in

M = 1/2 (0, -3)<br> Write the equation of a line using slope intercept form

marshall27 [118]

Answer:

y= $\frac{1}{2}$ x-3

Step-by-step explanation:

slope intercept form is y=mx+b

b is y intercept

so we plug the coordinate into the equation

-3= $\frac{1}{2}$ (0)+b

-3=b

so y intercept is -3

so we then write our equation which is,

y= $\frac{1}{2}$ x-3

5 0

3 years ago

Read 2 more answers

Plz help geometry question is below, asap

inessss [21]

I would say the answer is b. It sounds like the best choice

hope i helped!

8 0

3 years ago

What is the whole number part of the decimal 3.07?

Wewaii [24]

Answer:

The 3 is a whole number.

Step-by-step explanation:

According to rules in decimals any number behind or after the decimal point is considered as a decimal because it's less than a whole.

I hope this helps in any way.

8 0

3 years ago

Which is greater 525 centimeters or 5 meters ?

zubka84 [21]

525 centimeters is greater than 5 meters. 525 cm = 5.25 m

Thus, 525 cm is greater than 5 meters.

4 0

2 years ago

Read 2 more answers

(4 2/3+ 1 1/6) - 1 5/6<br>

Olin [163]

Answer:

The answer is 4.

Step-by-step explanation:

Change 4 2/3 to 4 4/6 to match 11/6.

Add 4 4/6 and 11/6 and get 4 15/6.

Subtract 4 15/6 by 15/6 and get 4.

4 is the answer.

I hope this helps.

Have a nice day!

3 0

3 years ago