Answered

Discover new information and insights with the help of IDNLearn.com. Discover prompt and accurate answers from our community of experienced professionals.


If an investment's value can be modeled with A= 325 (1+.027/12)^12t
then which of the following describes the investment?

Sagot :

Madethisfortwitch1idn

Answer:

Step-by-step explanation:

It's an investment that has a nominal interest rate of 2.7% compounded monthly

3. The investment has a nominal rate of 27% compounded 12 times per year

Given that,

  • The investment value should be [tex]A= 325 (1+.027\div 12)^12t[/tex].

Based on the above information, the information is as follows:

The above formula represent that the investment should have the nomibal rate of 27% that compounded 12 times per year.

Learn more: brainly.com/question/17429689

View image Andromache
We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. For dependable and accurate answers, visit IDNLearn.com. Thanks for visiting, and see you next time for more helpful information.