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AfilCa [17]
3 years ago
15

What is a quick way to determine which savings account will pay the most interest?

Mathematics
2 answers:
azamat3 years ago
8 0

Answer:

A quick way to determine which savings account will pay the most interest would be to consult online financial sites such as NerdWallet or Bankrate. Each site shows various savings accounts so that you can compare them. Some of these website’s suggestions are not at typical banks. The way to compare them is to compare their annual percentage yield (APY). The APY is like the annual percentage rate (APR), but it does not include any account fees. The higher the APY, the higher the interest offered. If you can find a savings account that offers an APY higher than the national average savings account interest rate, it is often a good choice.

Igoryamba3 years ago
6 0
I would say, the best way and the fastest way, is to go to some banks and ask them how much interests they give you... then the bank that gives you the most interest, the bank that you are looking for. 
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When calculating a loan’s effective rate, if the interest compounds every two months, what value of n do you plug into your equa
olga2289 [7]

The value of n you plug into your equation will be 6. Then the correct option is C.

<h3>What is compound interest?</h3>

Compound interest is the interest on a loan or deposit calculated based on the initial principal and the accumulated interest from the previous period.

When calculating a loan’s effective rate.

If the interest compounds every two months.

Then the value of n you plug into your equation will be

If the interest is compounded every two months, the interest will be applied six times every year.

Because there are 12 months in a year, the value of n that you will plug into your equation is 6, and it will be compounded every two months.

More about the compound interest link is given below.

brainly.com/question/25857212

8 0
2 years ago
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a teacher writes the following product on the board (3x) (x^2+6) = 3x^3 + 18x Eduardo says that 3x^3 + 18x is a factor of 3x
irina [24]

Answer:

3a teacher writes the following product on the board (3x) (x^2+6) = 3x^3 + 18x Eduardo says that 3x^3 + 18x is a factor of 3x

3 0
3 years ago
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Other question that I need help on.
hjlf
Option C is your answer. The way it's worded, it first wants you to find the difference (meaning subtract) between 5 and 6/7 and then multiply by the 5. 
3 0
4 years ago
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Bingel [31]
Hey there ..
Contacted you through the comments asking for the formulas but you seem like forgot to put em ..
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5 0
3 years ago
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The human population of the earth can be modeled by p(T)=3.1(1.016)^t , where T represents the number of year since 1963 , and p
Mkey [24]

Answer:

  • See below

Step-by-step explanation:

<u>Given function:</u>

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<u>The base of the growth rate is:</u>

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It represent a 1.6% of growth per year.

A.

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B.

<u>p(55) = 7.42 means:</u>

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3 years ago
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