Financial Report
In this project, you will:
Use exponents to calculate the amount of interest earned on an investment.
Evaluate formulas with exponents.
Convert interest rates to decimals.
Apply the order of operations.
Complete a 2-page, double-spaced, APA-formatted report. In the report, you need to present your findings and explain your conclusions on interest rates and compounding frequency.
In the report include: Is a savings account a good way to earn interest?
When looking at opening a savings account, what should you look for: higher interest rate or more frequent compounding?
Complete a 2-page, double-spaced, APA-formatted report by presenting your findings and explaining your conclusions on interest rates and compounding frequency.
