Find the accumulated amount at the end of 6 months on an $400 deposit in the bank paying simple interest at the rate of 3% year.O a. The accumulated amount is $406.Ob. The accumulated amount is $413.OC The accumulated amount is $418.Od. The accumulated amount is $411.O e. The accumulated amount is $416.QUESTION 4Carlos invested $7,000 in a money market mutual fund that pays interest on a daily basis. The balance in his account at the end of 8 mo (245 days) was $7,432. Find twhich Carlos's account earned interest over this period (assume a 365-day year).O a. 6.18%.О .6.38%.Oc. 9.34%.O d.9.24%.QUESTION 5In the last 3 years, mutual fund A grew at the rate of9.5% year compounded quarterly. Over the same period, mutual fund B grew at the rate of 9.6%/year compounded sWhich mutual fund has a better rate of return?Click Save and Submit to save and submit. Click SaE All Answers to saue all answers.

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Find the accumulated amount at the end of 6 months on an $400 deposit in the bank paying simple interest at the rate of 3% year. O a. The accumulated amount is $406. O b. The accumulated amount is $413. O The accumulated amount is $418. O d. The accumulated amount is $411. O e. The accumulated amount is $416.

Find the accumulated amount at the end of 6 months on an $400 deposit in the bank paying simple interest at the rate of 3% year. O a. The accumulated amount is $406. O b. The accumulated amount is $413. O The accumulated amount is $418. O d. The accumulated amount is $411. O e. The accumulated amount is $416.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Find the accumulated amount at the end of 6 months on an $400 deposit in the bank paying simple interest at the rate of 3% year.
O a. The accumulated amount is $406.
Ob. The accumulated amount is $413.
OC The accumulated amount is $418.
Od. The accumulated amount is $411.
O e. The accumulated amount is $416.
QUESTION 4
Carlos invested $7,000 in a money market mutual fund that pays interest on a daily basis. The balance in his account at the end of 8 mo (245 days) was $7,432. Find t
which Carlos's account earned interest over this period (assume a 365-day year).
O a. 6.18%.
О .6.38%.
Oc. 9.34%.
O d.9.24%.
QUESTION 5
In the last 3 years, mutual fund A grew at the rate of9.5% year compounded quarterly. Over the same period, mutual fund B grew at the rate of 9.6%/year compounded s
Which mutual fund has a better rate of return?
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