Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. where pis the initial amount invested r is the int

where Pis the initial amount invested r is the interest rate as a decimal n...

60.1K

Verified Solution

Question

Algebra

image

where Pis the initial amount invested r is the interest rate as a decimal n is the number of times compounded annually and t is the number of years Which function below best represents how the change in the number of compounds per year n increases the value of the account after investing 25 at 12 interest for 25 years Account Value dollars 300 276 250 Account Value dollars 225 200 175 150 126 100 76 50 25 600 450 400 350 300 250 200 150 1000 50 a a 33393 200 1000 900 800 count Value dollars 700 600 500 400 300 1 2 3 4 5 6 7 8 9 10 11 12 Compounds per Year n 2 3 4 5 6 7 Compounds per Year n One 9 10 34547 Compounds per Year n 8

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

Write a python program that will allow a user to draw by inputting commands. The program...

Programming
Q

A student makes a solution in the laboratory by dissolving 53.5 g of NH4Cl in enough...

Chemistry
Q

nstant cold packs sometimes used to treat athletic injuries contain solid ammonium nitrate and liquid water...

Chemistry
Q

Assume if the shear stress in steel exceeds about 4.00x108 N/m2 the steel   ruptures. (a) Determine the shearing...

Physics
Q

This is the Matlab practice so needs Matlab code 2. Numerical Integration Consider an industrial tank in...

Mechanical Engineering
Q

SE 3 York College CUNY Bio 301Sp20218 Final Exam 8 May 24 NAME 27 Multiple...

Biology
Q

2 Transcription or translation which process do you think is more similar between and eukaryotes...

Biology
Q

0 1 3 5 NAKE 7 9 11 13 15 17 ms

Basic Math
Q

One half of a cantaloupe was sharedequally among 3 people. What fractionof the whole cantaloupe...

Basic Math
Q

The bacteria population in Colony A grows according to the recursive formula. The table shows...

Algebra
Q

can someone help me Assume the following information: Using the weighted-average method,...

Accounting
Q

Sandra would like to organize LAB as either an LLC (taxed as a sole proprietorship)...

Accounting