Mathematics

Jeffery Galvan

14 May, 15:46

Brian invests $10,000 in an account earning 4% interest, compounded annually for 10 years. Five years after Brian's initial investment, Chris invests $10,000 in an account earning 7% interest, compounded annually for 5 years. Given that no additional deposits are made, compare the balances of the two accounts after the interest period ends for each account. (round to the nearest dollar)

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Brian invests $10,000 in an account earning 4% interest, compounded annually for 10 years. Five years after Brian's initial investment, ...” 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

Ed bought 3 liter of water 2,750 milliliter of sports drink, and 2.25 liters of juice. for2a_2b., select true or false for each statement 2a. ed bought 250 milliliters more water than sports drink true or false 2b.

frank walks to school 35% of the time if their are 180 days in the school year, how many days did he walk to school

Consider the curves in the first quadrant that have equations y=Aexp (6x) where A is a positive constant. Different values of A give different curves. The curves form a family, F.

If two triangles are congruent by ASA, are the triangles similar?

One of the equations below is not correct. Which on is incorrect. Then explain the error that was made and write the correct answer. (-14) (20) = - 280 -63divided by - 9=7 -6 (-2) (3) (-4) (1) = 144 -5 (-2) (3) (-1) (-7) = 210

New Questions in Mathematics

Solve 3 |2d-9| - 10 = 3

True or false: arc measure is the same length as arc length

What is something times 4 equal 40

Mac is 5 feet tall and casts a 4 foot 6 inch shadow. At the same time, a nearby tree casts a 20 foot shadow.

Jessica is reading a book. She is able to read about 5 chapters each day. Assuming that, on average, each chapter contains 13.87 pages, which is a good estimate of the number of pages Jessica can read in 4 days?