Homework Help: math modeling

Posted by math on Tuesday, October 25, 2011 at 4:09pm.

Suppose that you invested $1,442 at the annual rate of 4.60% compounded continuously, and your friend invested $885 at the annual rate of 6.35% compounded quarterly. In how quarters will your friends investment exceeds yours?

No one has answered this question yet.

Answer this Question

Related Questions

Algebra II - I'm pretty confused about these problems. We're learning ...
math - a) 1150 dollars invested at 9% annual interest rate (compounded yearly) ...
math - you invested $4000 in two accounts paying 2% and 9% annual interest, ...
Math - How much money should be invested at an annual interest rate of 6.2% ...
Math - Suppose that $2500 is invested at an interest rate of 2.5% per year, ...
Math - Exponential decay problem After how many years will $100 invested at an ...
math - fiona invested $1000 at 6% compounded continuously. at the same time, ...
math - fiona invested $1000 at 6% compounded continuously. at the same time, ...
math modeling - If you invested 5,250 dollars at an annual rate of 6.64% ...
math - A person has invested $6000 . Part of the money is invested at 3% and ...

For Further Reading

First Name:
School Subject:
Answer: