Question

So I have to make a table for this info.
(explains in question below)

Answer 1

Aflac Inc. and MetLife Inc. both offer the same thing, to pay a 2.05% APY on 2 year CDs. But, Aflac requires a $750 minimum investment, MetLife requires a $2500 minimum investment. Alstate offers to pay a 3.07% APY on 5 year CDs with a minimum investment of $5000.
A = amount
Formula:
A = P (1+r) x
A = 500(1+.0205)2
A = 500(1.0205)2
A = 500(1.04142025)
A = 520.710125
Alstate formula:
A = 5000(1+0.0307)5
A = 5000(1.0307)5
A = 5000(1.06234249)
A = 5311.71245

An investor comes to your office. He says that if you give him the $5,000 he will add on an additional $50 each year to what he owes you. Create the function for this investor's plan.

A = 50y+5000

Create a table showing the value of the two CD's and the investor's plan for 5 years.

Year 1 Year 2 Year 3 Year 4 Year 5
2 Year CD
5 Year CD
Investor

Answer 2

it's late. Go to bed lol

Answer 3

Little hard whenever you're stressing about turning stuff in. Anxiety is through the roof. & ADHD isn't helping either lol.