Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. inda has 800 to invest she may invest at 5 compoun

inda has 800 to invest She may invest at 5 compounded monthly for 6 years...

70.2K

Verified Solution

Question

Basic Math

image

inda has 800 to invest She may invest at 5 compounded monthly for 6 years or at 5 1 compounded semi annually for 6 years Which investment should she make Write your responses Show your work for both situations and then state your answer

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The Enormous State University Public Relations Department has issued a statement claiming that 80% of those who...

Statistics
Q

Two plots at Rothamsted Experimental Station were studied for production of wheat straw. For a random...

Basic Math
Q

can any one give me a good explanation for this two questions please? How do long chain...

Biology
Q

Why might a population fail to experience much variation in its traits over A The...

Biology
Q

test have a bell shaped distribution with a mean of 100 and a standard Use...

Statistics
Q

Let f(x, y) = x sin(x + y) +x+y for z, y (-00, 00)....

Calculus
Q

the fridt two images go together and are the tables for the i=7%the last two...

Accounting
Q

Part 1 During Heaton Companys first two years of operations, it reported absorption costing net...

Accounting
Q

Montoure Company uses a perpetual Inventory system. It entered into the following calendar-year purchases and...

Accounting
Q

PPP is concerned about the reported loss on the mugs they make. It is considering...

Accounting
Q

Calculate the present value (in $) of a 15-year annuity due with annual payments of...

Finance
Q

Find the derivative of the following functions 5 i. f(x) = (5x + 3) :...

Accounting