Ask Experts Questions for FREE Help !
Ask
    Jazah1's Avatar
    Jazah1 Posts: 9, Reputation: 0
    New Member
     
    #1

    Feb 6, 2012, 11:55 AM
    Banking math word problem
    You are to open a certificate of deposit (CD) that earns simple interest. One bank offers a CD in which you must deposit $500 for 3 years with 2% interest. Another bank offers a CD in which you must deposit $250 for 4 years with 3% interest. Which will earn more interest?

Check out some similar questions!

Word math problem [ 1 Answers ]

Tom Kate Joe and Sam live I'n a row of houses with red blue pink an grey roofs. SAMs is blue Tom has one neighbor. And Joe has two. The red roof is two houses away from the blue. The grey roof is on the end of the block. SAMs only neighbor is an old maid. Who has the pink roof?

Math word problem [ 2 Answers ]

A rancher is planning to put up 220 yards of fencing. In the morning she puts up 80 yards, and in the afternoon she puts up 40% of the remaining fence. What percent of the fence did she put up that day?

Math word problem [ 3 Answers ]

. At a diving competition, John's first dive received seven scores that averaged 8.0. To calculate his final score for the dive, the highest and lowest scores were removed and the average was then taken of the five remaining scores. If his final score was 7.7, what was the sum of the two removed...

Math Word Problem Help [ 1 Answers ]

Please any help would be great. A guy wire is needed to secure a pole. You have a wire the length 25 feet which could be used. The latch to which it will be secured on the ground is 10 feet from the base of the pole. How high up the pole will the guy wire be attached if you choose...


View more questions Search
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.