1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
viva [34]
3 years ago
13

A bank representative studies compound interest, so she can better serve customers. She analyses what happens when $2,000 earns

interest several different ways at a rate of 2% for 3 years.
a. Find the interest if it is computed using simple interest
b. Find the interest if it is compounded annually.
c Find the interest if it is compounded semi-annually.
d. Find the interest if it is compounded quarterly e. Find the interest if it is compounded monthly.
f. Find the interest if it is compounded daily
g. Find the interest if it is compounded hourly. h. Find the interest if it is compounded every minute.
i. Find the interest if it is compounded continuously.
j. What is the difference in total interest if computed using simple interest or if compounded continuously?​
Mathematics
1 answer:
OlgaM077 [116]3 years ago
3 0

Answer:

Given that a bank representative studies compound interest, so she can better serve customers. She analyzes what happens when $2,000 earns interest several different ways at a rate of 2% for 3 years.a) the interest if it is computed using simple interest. 12.00= dollarsb) the interest if it is compounded annually.= dollarsc) the interest if it is compounded semiannually=d) the interest if it is compounded quarterly.=e) the interest if it is compounded monthly.=

You might be interested in
What are 12 divided by 630 steps?
Troyanec [42]

Answer:

52.5

Step-by-step explanation:

5 0
3 years ago
Help please? A system of linear equations is graphed. Which ordered pair is the best estimate for the solution to the system? A.
kherson [118]

Answer:

B. (-4, 2½)

Step-by-step explanation:

The lines intercept at the point -4 on the x-axis and 2½ on the y-axis

7 0
3 years ago
Find the area of a regular octagon with an apothem 9.7 meters long and a side length of 8 meters.
rosijanka [135]
The area of a regular octagon is:
A = a * P / 2,  where a is an apothem and P is a perimeter.
P = 8 * 8 m = 64 m
A = 9.7 m * 64 m / 2
A = 620.8 / 2 m²
A = 310.4 m²
Answer:
The area of a regular octagon is 310.4 m².
4 0
3 years ago
How are graphs with a nonzero axis misleading? -They distort differences between values. -They rely on faulty data. -They are vi
Reptile [31]

Answer:

They distort differences between values.

Step-by-step explanation:

Non-zero axes distort differences between values, but they are not always misleading.

It depends on who is looking at them.

Consider the bar graphs below, showing the change in interest rates over time.

A naïve reader might conclude that interest rates had risen sharply (the zero-axis shows that they have remained steady).

However, a professional who specializes in interest rates might find the information in the left-hand graph quite useful.

5 0
3 years ago
0.3x = 39 what is the value of x? (Use only the digits 0 - 9 and the decimal point, if needed, to write the number)
telo118 [61]

Answer:

130

Step-by-step explanation:

5 0
3 years ago
Other questions:
  • john is creating a rectangular garden in his backyard. the length of the garden is 16 feet. the perimeter of the garden must be
    6·2 answers
  • Mr.Lippman brought a dryer for $160 and sold it for $240. If the overhead expenses were 20% of the selling price, what was the r
    13·1 answer
  • What is the area of the trapezoid?<br><br><br> 176 cm2<br> 192 cm2<br> 208 cm2<br> 224 cm2
    10·2 answers
  • Show how 3/8 is 18<br> What is the whole number
    7·1 answer
  • You are playing a video game. For each diamonds you collect, you earn 50 points. You need to earn 2000 points or more to continu
    15·1 answer
  • What is 1% out of 100 million?
    9·1 answer
  • The cost (in hundreds of dollars) of tuition at the community college is given by T = 1.25c + 4, where c is the number of credit
    15·2 answers
  • Becks service charge at a beauty salon with $72.60. If she had a 20% for a tip, how much does she pay total with her service at
    6·1 answer
  • Who knows how to do this pls show work
    11·2 answers
  • Which choices are correct when determining the distance between -240 and -35 on a number line?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!