meredith48034
meredith48034 meredith48034
  • 12-03-2020
  • Mathematics
contestada

please assist me with those investment problems
​

please assist me with those investment problems class=

Respuesta :

sqdancefan
sqdancefan sqdancefan
  • 13-03-2020

Answer:

  • A: $2267.07
  • B: $2241.10
  • A has a higher value

Step-by-step explanation:

The attachment shows the calculator entries and results. It is a matter of putting the given values into the formula and doing the arithmetic.

Ver imagen sqdancefan
Answer Link
amna04352
amna04352 amna04352
  • 13-03-2020

Answer:

Option A)

2000×((1 + 0.042/4)^(4×3))

= $2267

Option B)

2000×((1 + 0.038/12)^(12×3))

= $2241

Option A has higher value after 3 years

Answer Link

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