document.write( "Question 1179946: Use the compound interest formulas A = P(1 + r/n)^nt and A = Pe^rt to solve. \r
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document.write( "Suppose that you have $11,000 to invest. Which investment yields the greater return over 9 years: 7.5% compounded continuously or 7.6% compounded semiannually?\r
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document.write( "$11,000 invested at 7.5% compounded continuously over 9 years yields the greater return.\r
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document.write( "Both investment plans yield the same return.\r
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document.write( "$11,000 invested at 7.6% compounded semiannually over 9 years yields the greater return. \n" );
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Algebra.Com's Answer #809527 by ikleyn(52786)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Having the formulas given, substitute the given data into the formulas and calculate; then compare the results.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "I wish you have fun doing your job.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Also please keep in your mind that doing the students work like these simple calculations IS NOT the tutor's job or duty.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Also, please do not instruct me (and even do not try) how to teach: \n" ); document.write( "I know it in 60 times better than you.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "------------------\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "On discretely and continuously compounds accounts, read the lessons\r \n" ); document.write( "\n" ); document.write( " - Problems on discretely compounded accounts \r \n" ); document.write( "\n" ); document.write( " - Problems on continuously compounded accounts \r \n" ); document.write( "\n" ); document.write( "in this site.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Also, you have this free of charge online textbook in ALGEBRA-I in this site\r \n" ); document.write( "\n" ); document.write( " - ALGEBRA-I - YOUR ONLINE TEXTBOOK.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The referred lessons are the part of this online textbook under the topic \"Logarithms\".\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Save the link to this online textbook together with its description\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Free of charge online textbook in ALGEBRA-I \n" ); document.write( "https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "to your archive and use it when it is needed.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |