document.write( "Question 1199033: Paul made two investments:
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document.write( "A: $4,000.00 at 4.5% compounded semi-annually, for 3 years;
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document.write( "B: $3,500.00 at 5.2% simple interest, for 3 years.\r
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document.write( "Which investment earns the highest interest? By how much?
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document.write( "What is the total interest earned? \n" );
document.write( "
Algebra.Com's Answer #832731 by ikleyn(52787)![]() ![]() You can put this solution on YOUR website! . \n" ); document.write( "Paul made two investments: \n" ); document.write( "A: $4,000.00 at 4.5% compounded semi-annually, for 3 years; \n" ); document.write( "B: $3,500.00 at 5.2% simple interest, for 3 years. \n" ); document.write( "Which investment earns the highest interest? By how much? \n" ); document.write( "What is the total interest earned? \n" ); document.write( "~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \r\n" ); document.write( "For the first compounded interest account, use the standard formula for the interest amount\r\n" ); document.write( "\r\n" ); document.write( " FV =\r \n" ); document.write( "\n" ); document.write( "You are explained and instructed.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "----------------\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "On simple interest accounts, see the lesson\r \n" ); document.write( "\n" ); document.write( " - Simple interest percentage problems \r \n" ); document.write( "\n" ); document.write( "in this site.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "On compounded interest accounts, see the lesson\r \n" ); document.write( "\n" ); document.write( " - Compounded interest percentage problems \r \n" ); document.write( "\n" ); document.write( "in this site.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Learn the subject from there.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |