It doubles the answer so if your sum is 2 it will become 4
Answer:
X is greater than 4.6
Step-by-step explanation:
Answer:
Annuity C: Deposit $72,000 one lump sum
Step-by-step explanation:
The yield is improved when the money is on deposit for a longer period.
If the $2400 annual deposit is made at the first of the year, then it will yield more than $600 deposits made at the first of each quarter.
If the $72,000 deposit is made at the beginning of the period, the entire amount is earning interest for the entire period.
Annuity C will provide the largest yield.
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Step-by-step explanation: Meow
Answer:
33
Step-by-step explanation:22