Question

Use the compound interest formulas A = Pert and A = P to solve.

Suppose that you have $11,000 to invest. Which investment yields the greater return over 10 years: 6.25% compounded continuously or 6.3% compounded semiannually? Show your work.
my answer:6.3% is 20550.7 and 6.25% is 20453.9 so 6.3% does help better

Answer 1

.You need to show your work logic how you arrived at your answer. Where are the supporting calculations? my techer said this help me plz

Answer 2

@sohailiftikhar

Answer 3

@Napolions

Answer 4

what up

Answer 5

i need some help

Answer 6

do you know what compound intrest is

Answer 7

nu

Answer 8

yes

Answer 9

i do lol

Answer 10

so it went up .05% a year

Answer 11

and it will alway keep going up .05% a year and this should help you calculate it for compound intrest