Answer: A) JUST TOOK THE TEST
Step-by-step explanation:
The answer to this question would be <span>B. Mystic
</span><span>
Since the rate should be constant, option C and D wouldn't be true.</span>
If the Four Rivers bank gives 12% per year and Mystic Bank gives 14% per year, it will be 3% per quarter year for Four Rivers Bank and 7% semiannually for Mystic Bank.
The total rate would become:
Four rivers 103%^4= 1.125
Mystic : 107%^2= 1.145
Answer:
$600
Step-by-step explanation:
A = P(1 + rt)
P is the Principal amount of money to be invested at an Interest Rate R% per period for t Number of Time Periods.
A= 5,000(1+ 0.08x1.5) = $5600
Y=2x2−8x+5 is standard form
