2 years ago

Please assist me with those investment problems

Mathematics

2 answers:

Blababa [14]2 years ago

3 0

Answer:

A: $2267.07
B: $2241.10
A has a higher value

Step-by-step explanation:

The attachment shows the calculator entries and results. It is a matter of putting the given values into the formula and doing the arithmetic.

finlep [7]2 years ago

3 0

Answer:

Option A)

2000×((1 + 0.042/4)^(4×3))

= $2267

Option B)

2000×((1 + 0.038/12)^(12×3))

= $2241

Option A has higher value after 3 years

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Please assist me with those investment problems​

Please assist me with those investment problems