Decide whether the statement makes sense. Explain your reasoning.If two accounts offer the same APR, the account which compounds interest weekly will be a better deal than the account which compounds interest monthly.
What will be an ideal response?
Yes, the statement makes sense. If both accounts are paying the same APR, the account which compounds interest more frequently will have a higher annual percentage yield.
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Using the compound interest tables, answer the following questions. Required: a.What amount of interest will be earned on an investment of $10,500 left on deposit by Marcy for three years at 9% interest compounded annually?b.Travis deposited $10,000 in a fund that earns 8% interest compounded annually. How many years will it take for the fund to grow to $21,589.25?
What will be an ideal response?
Solve the problem. Refer to the table if necessary.
Carl is single and has a taxable income of $38,367. Calculate the amount of tax owed.
A. $5331 B. $5304 C. $9592 D. $4203
Complete the identity.
= ?
A. csc2 ? + tan2 ? B. csc ? tan ? C. 1 D. sin ? + cos ?
What type of evidence is based on careful, systematic procedures?
A. scientific B. opinion C. anecdotal D. abstract