Question

Please help will MEDAL and FAN who helps the most

Answer 1

ok

Answer 2

POST

Answer 3

What is your question

Answer 4

With a principal investment of $25,000, which account will have the greatest value after years?

simple interest: I = P • r • t
interest compounded annually is A = P (1 + r)t
interest compounded quarterly: A = P (1 + )4t


A.
2.6% with interest compounded quarterly

B.
3.2% in a simple interest account

C.
2.9% with interest compounded annually

D.
2.3% in a simple interest account

Answer 5

\[A=P(1+r/4)4^t\]
this is the formula for the third on

Answer 6

after how many years

Answer 7

6.5

Answer 8

@jhonyy9

Answer 9

so i think you have missed samthing inside parentheses in second case - check it please

Answer 10

no I didn't it r means rate so (1+r)

Answer 11

ok

Answer 12

simple interest: I = P • r • t
interest compounded annually is A = P (1 + r)t
interest compounded quarterly: A = P (1 + )4t


1. I = Prt
2. A = Pt +Prt
3. A = P4t +Pr4t than this will be = P4t +Pr4t/4 = P4t +Prt
4. A=P(1+r/4)4t

do you se it now what will be bigger sure ?

Answer 13

you see - sorry

Answer 14

first just Prt
second Prt + Pt
3rd Prt + 4Pt

so what will be greater ,bigger from these ?

Answer 15

yea I see

Answer 16

ok well nvm then thanks though

Answer 17

was my pleasure and than you like anytime when i am here online

good luck

bye