Which investment results in the greatest total amount? Investment A: $5,000 invested for 5 years compounded semiannually at 9%. Investment B. $6,000 invested for 4 years compounded quarterly at 4.1%. Find the total amount of investment A. (Rbund to the nearest cent as needed.)
Which investment results in the greatest total amount? Investment A: $5,000 invested for 5 years compounded semiannually at 9%. Investment B. $6,000 invested for 4 years compounded quarterly at 4.1%. Find the total amount of investment A. (Rbund to the nearest cent as needed.)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Transcribed Image Text:Which investment results in the greatest total amount?
Investment A: $5,000 invested for 5 years compounded semiannually at 9%.
Investment B. S6,000 invested for 4 years compounded quarterly at 4.1%.
Find the total amount of investment A.
(Rbund to the nearest cent as needed.)

Transcribed Image Text:The number of employees for a certain company has been decreasing each year by 5%. If the company currently has 700 employees and this rate continues, find
the number of employees in 12 years.
The number of employees in 12 years will be approximately
(Round to the nearest whole number as needed.)
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