Answer:
C) $10,000 invested at 6.7% compounded quarterly over 7 years yields the greater return.
Step-by-step explanation:
-We determine the effective interest rate in both scenarios and use it to calculate the investment's value after 7 years.
#Given n=7yrs, P=$10,000 and i=6.6% compounded monthly:
#Given n=7rs, P=10000, i=6.7%
Hence, the investment has the largest value($15,921.75) when the interest rate is compounded quarterly.
Answer:
area equals 36 and 3 fourths because if you cut the triangle off of one of the sides and add it to the other side it makes a rectangle then you do length times width to find regular area of a rectangle.
Answer:
(3, 4)
Step-by-step explanation:
The student is correct. Due to the meaning of perimeter which is all sides added up to make a number total, it is possible for a square and a rectangle to have the same perimeter if the numbers add up.
