Question

Anna plans to purchase a new vehicle in two years. To do this, he deposits a savings of Q 20,000 in Bank A at a rate of 8.75% annual interest, compounded semiannually. In addition, it will also make bimonthly deposits due in Bank B at a rate of 9% per year, compounded bimonthly. If the price of the vehicle you want to buy in two years is Q 160,000. What should be the value of bimonthly deposits? to. Q9,248.37 b. Q11,005.17 c. Q10,448.69 d. Q10,148.47 and. None of the above.

212

likes
1061 views

Answer to a math question Anna plans to purchase a new vehicle in two years. To do this, he deposits a savings of Q 20,000 in Bank A at a rate of 8.75% annual interest, compounded semiannually. In addition, it will also make bimonthly deposits due in Bank B at a rate of 9% per year, compounded bimonthly. If the price of the vehicle you want to buy in two years is Q 160,000. What should be the value of bimonthly deposits? to. Q9,248.37 b. Q11,005.17 c. Q10,448.69 d. Q10,148.47 and. None of the above.

Expert avatar
Murray
4.5
92 Answers
la respuesta correcta es (c) Q10.448,69.

Frequently asked questions (FAQs)
What is the value of sinh(2) - cosh(3) + tanh(1) at x = 0?
+
Find the equation of a hyperbola with foci at (-4,0) and (4,0) and a major axis length of 8.
+
How many diagonals can be drawn in a heptagon?
+
New questions in Mathematics
A=m/2-t isolate t
1 + 1
-6n+5=-13
A normally distributed population has a mean of 118 with a standard deviation of 18. What score separates the lowest 72% of the distribution from the rest of the scores?
Let X be a discrete random variable with range {1, 3, 5} and whose probability function is f(x) = P(X = x). If it is known that P(X = 1) = 0.1 and P(X = 3) = 0.3. What is the value of P(X = 5)?
By differentiating the function f(x)=(xΒ³βˆ’6x)⁷ we will obtain
Suppose 50% of the doctors and hospital are surgeons if a sample of 576 doctors is selected what is the probability that the sample proportion of surgeons will be greater than 55% round your answer to four decimal places
(2x+5)^3+(x-3)(x+3)
7/6-(-1/9)
2x+4x=
find f(x) for f'(x)=3x+7
suppose random variable x follows poisson distribution with expected value 3. what is variance of x?
A storage maker price is $2.50 per square feet. Find the price of a custom shed 4 yards long, and 5yards wide and 8 feet tall
1. A capital of $3,831 was lent, and it has produced interest of $840 from 05-12-2022 to 1-12-2023. At what annual simple interest rate was the capital lent?
-1%2F2x-4%3D18
For what values of m is point P (m, 1 - 2m) in the 2⁰ quadrant?
Find the zero of the linear function 8x + 24 = 0
X^X =49 X=?
A group of 17 people spent 9 days on vacation and spent R$776.34 on barbecue meat and the bill needs to be divided as follows: 6 people stayed for 9 days, 7 people stayed for 4 days, and 2 people stayed for 5 days and 2 people stayed 3 days, how much does each group have to pay for the days they stayed?
The perimeter of a rectangular rug is 42 feet. The width is 9 feet. What is the length?