Register
Scenario One: Frank and Rachelle Facconne wish to invest in a no-risk savings account. They currently have $25,000 in an account bearing % annual interest, compounded continuously. The following options
51.9k views
5 votes
Scenario One: Frank and Rachelle Facconne wish to invest in a no-risk savings account. They currently have $25,000 in an account bearing % annual interest, compounded continuously. The following options are available to them: a. Keep the money in the account they currently have b. Invest the money in an account bearing % annual interest, compounded annually c. Invest the money in an account bearing % annual interest, compounded quarterly worksheety

User Andrej Herich
by
5.4k points

1 Answer

5 votes

Answer:

b. Invest the money in an account bearing % annual interest, compounded annually.

User Lpaloub
by
5.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.8m questions

7.5m answers

Other Questions

_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and getting worse. in an effort to stop the decline, president obama proposed
The current market price for good y is above the equilibrium price, and then the price of a subsitute good, x, increases. the demand curve for good y shifts as a result. what is the likely outcome of the
How do i figure out a months ending capital
Link Copied!