document.write( "Question 326530: you want to invest 1000 in to a savings account. which option is best for reaching your goal of 5000
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document.write( "A.) interst of 3% compounded semi annualy
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document.write( "B.) interst of 45% compounded yearly
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document.write( "c.) Interest of 25% compounded quarterly \n" );
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Algebra.Com's Answer #233854 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! A=5000(1+.03/2)^2 \n" ); document.write( "A=5000*1.03 \n" ); document.write( "A=5151.13 \n" ); document.write( "---------------- \n" ); document.write( "A=5000(1+.045) \n" ); document.write( "A=5000*1.045 \n" ); document.write( "A=5225.00 \n" ); document.write( "---------------- \n" ); document.write( "A=5000(1+.025/4)^4 \n" ); document.write( "A=5000*1.00625 \n" ); document.write( "A=5031.25 \n" ); document.write( " |