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Hoochie [10]
4 years ago
5

What does it mean for a savings account to have a minimum balance?

Mathematics
2 answers:
harina [27]4 years ago
8 0

Answer:

The correct answer is A. I just took the quiz and C is incorrect.

Step-by-step explanation:


jeka57 [31]4 years ago
4 0
Answer c is correct i believe
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Naomi deposited money into savings account that is compunded quarterly at an interest rate of 6%. She thinks this quarterly rate
FromTheMoon [43]

Answer:

No, because 1.25% times 3 is 3.75% which is less than 6%

Step-by-step explanation:

Quarterly is every 3 months

6% interest is 1.06, 6 cents on the dollar

Monthly interest rate is 1.25% so 1.25 × 3 is 3.75

So, 1.25% times 3 is 3.75% which is 2.25% less than 6%

Hope this helps!

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3 years ago
12 + 9/3 exponent 2<br><br> What is the answer?
ira [324]
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4 years ago
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Step-by-step explanation:

t varies inversely as r

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Make k the subject of the formula

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3 years ago
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