A community for students.

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

anonymous

  • one year ago

In the savings plan formula, assuming all other variables are constant, the accumulated balance in the savings account a. increases as APR increases. b. decreases as Y increases. c. decreases as n increases

  • This Question is Closed
  1. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    what is the question?

  2. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    what happens to the savings?

  3. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Ya I think so

  4. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    or give a formula?

  5. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    No formula. See there are three options above?

  6. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    a, b, & c

  7. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    it looks like A

  8. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    because APR is and exponent of "e"

  9. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    so it would increase the total value

  10. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    cool?

  11. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.