Posted by **Reston** on Friday, August 21, 2009 at 12:11am.

Hello, I'm having a bit of trouble with two questions:

1. Phoenecia deposits $300 into a simple interest account that pays 3%. After 7 months what will be the total value of her account?

(A)$309.00 (B)$305.25 (C)$321.00 (D)$9.00

2. Which of the following help to reduce an insurance company's share of risk? (A) waiting period (B) deductibles (C) co-insurance (D) all of these

## Answer This Question

## Related Questions

- consumer economics - Phonecia deposits $300 into a simple interest account that ...
- Algebra - Suppose $6,500 is divided into two bank accounts. One account pays 10...
- math - Suppose $500 is divided into two bank accounts. One account pays 15% ...
- math - Huan deposited $850 into a collegesavings account earning 4.8% ...
- math - Ben deposits $400 into an account that earns 5% interest compounded ...
- math - Sam opened a money-market account that pays 2% simple interest. He ...
- Lat math question for some days. Can y'all help? - Huan deposited $850 into a ...
- Mathematics - a credit union pays 8 percent per annum compound interest on all ...
- value of money - Deposits of $1,000, $1,100 and $680 were made into a savings ...
- algebra - 1. Suppose Mary deposits $200 at the end of each month for 30 years ...

More Related Questions