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Samantha just earned $500 after babysitting all summer. She wants to be responsible and put it in a bank account for 3 years to gain
Samantha just earned $500 after babysitting all summer. She wants to be responsible and put it in a bank account for 3 years to gain interest to add to her college fund. She is looking at two main options: Chase Bank Wells Fargo Interest Rate: 3% Compounded Yearly Formula: A = P(1+r) Interest Rate: 2% Compounded Continuously Formula: A = Pert How much will Samantha with Chase? How much will Samantha earn with Wells Fargo? Which bank is offering Samantha better deal? Kevin can't decide between Hulu and Netflix. He really loves The Office, which is on Netflix but not Hulu, but Netflix premium is $16/month! Hulu is only $12/month. Kevin just got a promotional email saying he can get a free month of Netflix if he commits to keeping his subscription for one year. Which plan is a cheaper option for Kevin if he wants to buy a year of either Hulu or Netflix? Which plan is cheaper if Kevin only cares about having a subscription for 2 months? After how many months will the plans cost the same total amount? What will be the total cost for each plan when they cost the same amount? Samantha just earned $500 after babysitting all summer. She wants to be responsible and put it in a bank account for 3 years to gain interest to add to her college fund. She is looking at two main options: Chase Bank Wells Fargo Interest Rate: 3% Compounded Yearly Formula: A = P(1+r) Interest Rate: 2% Compounded Continuously Formula: A = Pert How much will Samantha with Chase? How much will Samantha earn with Wells Fargo? Which bank is offering Samantha better deal? Kevin can't decide between Hulu and Netflix. He really loves The Office, which is on Netflix but not Hulu, but Netflix premium is $16/month! Hulu is only $12/month. Kevin just got a promotional email saying he can get a free month of Netflix if he commits to keeping his subscription for one year. Which plan is a cheaper option for Kevin if he wants to buy a year of either Hulu or Netflix? Which plan is cheaper if Kevin only cares about having a subscription for 2 months? After how many months will the plans cost the same total amount? What will be the total cost for each plan when they cost the same amount
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