Register
1. Which money market account will earn the most interest? (33 puntos) $500 principal at 0.5% monthly for 10 years. $200 principal at 1% monthly for 20 years. $1,000 principal at 3% monthly for 2 years.
158k views
0 votes
1. Which money market account will earn the most interest?

(33 puntos)
$500 principal at 0.5% monthly for 10 years.
$200 principal at 1% monthly for 20 years.
$1,000 principal at 3% monthly for 2 years.
$100 principal at 8% monthly for 1 years.

User Theog
by
7.7k points

1 Answer

2 votes
The one with $1,000 principal
User Advantej
by
7.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.3m questions

12.0m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!