preston received a paycheck for $900.00 and he wants to invest it in a savings account. A savings account at bank A earns 4% interest compounded monthly and a savings account at bank B earns 5% simple interest. If Preston plans to deposit the $900.00 and leave it in the account for 3 years, at which bank would he earn more interest?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “preston received a paycheck for $900.00 and he wants to invest it in a savings account. A savings account at bank A earns 4% interest ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which type of correlation would you expect to see between the weight added to a barbell and the number of times that barbell is lifted
Answers (1)
Taylor is making punch. She mixes 1 gallon of orange juice, 3 quarts of canberry juice, 5 pints of apple juice, and 8 ounces of lemon juice in a large pitcher.
Answers (1)
The area of the base of a rectangular prism is 36 cm2. The height of the prism is 3 5/6 cm. What is the volume of the prism? A) 39 5/6 cm3 B) 60 2/3 cm3 C) 72 1/4 cm3 D) 138 cm3
Answers (1)
Find the hcf of 18 and 24
Answers (2)
Evaluate the expression when b=5 and y=-3 y-2b?
Answers (1)
New Questions in Mathematics
Most insurance companies will replace a vehicle any time an estimated repair exceeds 80% of the blue book value of the vehicle. Michele's insurance company paid $8500 for repairs on her car after an accident.
Answers (1)
Does 2 (3n+3) = 6n+3 show how you know
Answers (2)
7/18 ratio in simplest form
Answers (1)
112 is what percent of 200?
Answers (2)
Rosa can till 375ft of land in 15min what is Rosa's tilling rate
Answers (1)