Answer:
5,000
Step-by-step explanation:
<span>The loan will most likely be an installment loan. This loan would allow Elly and Frank to make regular payments on the house and simultaneously give them some financially flexibility. They can make small payments or a huge payment depending on their monthly income. These payments are made monthly and can last months or several years. This loan is typical for mortgages, so it would fit the bill in this situation.</span>
It is around 0.58967 on the average squirrel weight I use (eastern Squirrel) but it is 1.3
Answer:
Account B
Value=$21,589.66
Step-by-step explanation:
#We determine the compounded amount after 10 years for each account using the formula:
#For account A:
Given principal is $16,000, i=3% and n=10, m=4:
#For account B:
Given principal is $16,000, i=3% and n=10, m=12:
We compare the amounts after 10 years and get the difference:
Hence, account B has the most value after 10 years and has a value of $21,589.66
I believe the answer is
A. (-1,-1)
B. (0,1)
C. (0,-1)
