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Option 1: Savings account earning
Option 1: Savings account earning 3% interest, that is compounded monthly.
Option 2: Invest in a mutual fund that averages 3%
1 answer
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Jason had $87 in his savings account. He then worked for 2 weeks, earning $5.75 per hour, and deposited all the money he earned
3 answers
asked by
Goldfish
1,015 views
Using a simple interest calculation, which situation would be best after one year?
(1 point) Responses having $3,280.00 in a
1 answer
98 views
Huan deposited $850 into a college
savings account earning 4.8% interest compounded annually. He also deposited $850 into a
3 answers
asked by
DerpyPegasus33
2,286 views
Lester deposited $400 into a savings account earning 4.5% simple interest and 450 into an investment account earning 3.2%
2 answers
asked by
Anonymous
584 views
Lester deposited $400 into a savings
account earning 4.5% simple interest, and $450 into an investment account earning 3.2%
3 answers
asked by
DerpyPegasus33
898 views
Lester deposited $400 into a savings
account earning 4.5% simple interest, and $450 into an investment account earning 3.2%
5 answers
asked by
DerpyPegasus33
1,325 views
Question 23 A) Lee is thinking about stashing some of his savings in a short-term investment, but he doesn’t want to invest if
11 answers
79 views
You buy 100 shares of a company's stock at $9.75/share and place the same amount in a savings account earning a 4.5% APR. The
5 answers
asked by
Morticia
206 views
You buy 100 shares of a company's stock at $9.75/share and place the same amount in a savings account earning a 4.5% APR. The
1 answer
65 views