Equation:
y=6,000(1.05)^5
Answer:
7657
Answer:
n=6
Step-by-step explanation:
4n + 1= 25
Move constant to the right
4n=25-1
Calculate
4n=25-1
Then divide on both sides
Answer:
The given options are -
business ownership
bonds
money market account
promotional CD
Now we have to identify these under saving options or investment options.
So, saving are :
promotional CD and money market account ( money market account is a type of saving account that can pay higher interest rate than normal savings accounts, but these accounts have higher minimum deposits.)
And investment are :
business ownership and bonds.
