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jrodneal13

  • one year ago

Cain deposited $6,033 into a savings account 25 years ago. The account has an interest rate of 4.2% and the balance is currently $17,208.63. How often does the interest compound? daily monthly quarterly annually @bakonloverk

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  1. bakonloverk
    • one year ago
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    omg thts wht the last question meant

  2. jrodneal13
    • one year ago
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    yeah lol this one and the one we couldnt figure out are all i have left

  3. bakonloverk
    • one year ago
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    you didnt have to give me a medal, i havent solved it yet

  4. jrodneal13
    • one year ago
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    i know, but even if you dont, youve helped me a bunch

  5. bakonloverk
    • one year ago
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    well thank you and i think i figured out how to solve tht other question

  6. jrodneal13
    • one year ago
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    how?

  7. bakonloverk
    • one year ago
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    you do tht last equation i gave you but then i think u do *.25 after it

  8. jrodneal13
    • one year ago
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    if you do that, all the numbers become way to low

  9. bakonloverk
    • one year ago
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    would deviding it by .25 work?

  10. jrodneal13
    • one year ago
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    nope, numbers get somewhat close, like within a few hundred, but not close enough

  11. bakonloverk
    • one year ago
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    :( hmm and i was trying an intrest calculator and cant find the answer for the current problem

  12. jrodneal13
    • one year ago
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    thats what i tried doing as well

  13. bakonloverk
    • one year ago
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    yea its not helping

  14. jrodneal13
    • one year ago
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    dang this sucks.. do you have any idea on that bacteria culture growing question?

  15. jrodneal13
    • one year ago
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    that dude kinda answered it but not really. just confused me

  16. bakonloverk
    • one year ago
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    i only can think of half of it but then i looked at the choices and my answer wasnt one o the choices

  17. jrodneal13
    • one year ago
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    okay, i tried guess-n-check on that one too and none of the answers worked for the pattern

  18. bakonloverk
    • one year ago
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    it doesnt make sense to me

  19. jrodneal13
    • one year ago
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    dang.. these are my last three questions. only things holding me back right now lol. stupid questions!

  20. bakonloverk
    • one year ago
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    lol sorry

  21. jrodneal13
    • one year ago
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    sorry for what? you helpd out alot! thank you!

  22. bakonloverk
    • one year ago
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    ur welcome but i barely helped, i didnt get any one of ur questions

  23. jrodneal13
    • one year ago
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    thats alright, it was fun:)

  24. texaschic101
    • one year ago
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    The answer is monthly

  25. bakonloverk
    • one year ago
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    lol ig it was, i still wish i could help

  26. jrodneal13
    • one year ago
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    thanks!

  27. jrodneal13
    • one year ago
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    its all good!

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