Monday

July 28, 2014

July 28, 2014

Posted by **Vaness** on Friday, December 30, 2011 at 6:27pm.

- finance -
**Reiny**, Saturday, December 31, 2011 at 1:03amfirst account:

i = .0755/12 = .006291666..

amount of $1

= 1(1.006291666)^12 = 1.078168

second account:

amount of $1

= 1 e^(.0745) = 1.07734

What do you think?

- finance -
**Anonymous**, Sunday, January 5, 2014 at 4:02pm345

**Related Questions**

Finance - You receive $12,000 and looking for a bank to deposit the funds. Bank ...

Finance - You receive $12,000 and looking for a bank to deposit the funds. Bank ...

math - You receive $12,000 and looking for a bank to deposit the funds. Bank A ...

math - You receive $12,000 and looking for a bank to deposit the funds. Bank A ...

Finance - Kim has money in a savings account that earns an annual interest rate ...

math - This problem has to do with exponential models. The question says, you ...

Finance - You deposit $1000 for 5 years at 4% annual interest. In 5 years, you ...

math - If you deposit money in a savings account with an interest rate (APR) of ...

Compound math - (Future Value) Suppose you invest $8000 into an account that ...

Finite Math and Applied Calculus - Betty Sue sets up a retirement account. For ...