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8:13 PM Thu Nov 30 u. '30? 21%| imathas.rationalreasoning.net H You want to invest $900 in an account and plan to leave it there for
8:13 PM Thu Nov 30 u. '30? 21%| imathas.rationalreasoning.net H You want to invest $900 in an account and plan to leave it there for 10 years. There are three options for investing your money. Account A pays 14% interest per year, compounded annually. Account B pays 13.7% interest per year, compounded monthly. Account C pays 13% interest per year, compounded daily. . For each account, determine the value of your investment after 10 years. Preview Preview Preview . If you are trying to earn the most money possible on your investment, which account should you invest your money in? (Select all that apply.) OAccount A OAccount B OAccount C Box 1: Enter your answer as a number (like 5, 3, 2.2172) or as a calculation (like 5/3, 2'3, 5- Enter DNE for Does Not Exist, 00 for Innity Box 2: Enter your answer as a number (like 5, 3, 22172) or as a calculation (like 5/3, 2A3, 5* Enter DNE for Does Not Exist, 00 for Innity Box 3: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2'3, 5* Enter DNE for Does Not Exist, 00 for Innity Box 4: Select all correct answers 8:13 PM Thu Nov 30 ... '30? 21%?- imathas.rationalreasoning.net 8 $8,700.00 is invested at an APR of4. 1% compounded semiannually (twice per year). Write a numerical expression that represents the investment's value after 14 years. $ | Preview Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Question 4. Points possible: 1 License Unlimited attempts. $16000 is invested at an APR of 3.5% compounded daily. Write a numerical expression that represents the investment's value after 30 years. $ | Preview Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Question 5. Points possible: 1 License Unlimited attempts. ! | 8213 PM Thu Nov 30 co. '30? 21%'Iiv imathas.rationalreasoning.net i rationalreasoningnet, you will be asked to log in prior to accessing the videos. For each of the following accounts, determine the growth factor and percent change for the account value over one compounding period. a. Account A has a 3% APR compounded monthly (12 times per year). Determine the account value's growth factor and percent change per compounding period. 1. Monthly Growth Factor: :] Preview ii. Monthly Percent Change: : % Preview b. Account B has a 6.5% APR compounded quarterly (4 times per year). Determine the account value's growth factor and percent change per compounding period. i. Quarterly Growth Factor: :1 Preview ii. Quarterly Percent Change: :] % Preview c. Account C has a 3.1% APR compounded daily (365 times per year). Determine the account value's growth factor and percent change per compounding period. i. Daily Growth Factor: [: Preview ii. Daily Percent Change: [: "/0 Preview Box 1: Enter your answer as a number (like 5, 3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 2: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 3: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Infinity Box 4: Enter your answer as a number (like 5, 3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Innity Box 5: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2A3, 5+4) Enter DNE for Does Not Exist, 00 for Infinity 8:13 PM Thu Nov 30 @ 21% imathas.rationalreasoning.net C For each of the following accounts, give the growth factor per compounding period, then give the annual growth factor and the annual percent change (APY). a. Account A has a 3% APR compounded monthly. i. Monthly growth factor: Preview ii. Annual growth factor: Preview iii. APY: % Preview b. Account B has a 3.4% APR compounded daily (365 times per year). i. Daily growth factor: Preview ii. Annual growth factor: Preview iii. APY: % Preview Box 1: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 213, 5+4) Enter DNE for Does Not Exist, oo for Infinity Box 2: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 213, 5+4) Enter DNE for Does Not Exist, oo for Infinity Box 3: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 2 3, 5+4) Enter DNE for Does Not Exist, oo for Infinity Box 4: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 213, 5+4) Enter DNE for Does Not Exist, oo for Infinity Box 5: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 213, 5+4) Enter DNE for Does Not Exist, oo for Infinity Box 6: Enter your answer as a number (like 5, -3, 2.2172) or as a calculation (like 5/3, 213, 5+4) Enter DNE for Does Not Exist, oo for Infinity Submit
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