Question

Q1. Muffin Megabucks is considering two different savings plans. The first plan would have her
deposit $500 every six months, and she would receive interest at a 7 percent annual rate,
compounded semiannually. Under the second plan she would deposit $1,000 every year
with a rate of interest of 7.5 percent, compounded annually. The initial deposit with
Plan 1 would be made six months from now and, with Plan 2, one year hence.

Answer 1

Answer:

000000 is the un known answer

Answer 2

Answer:

Muffin Megabucks is considering two different savings plans. The first plan would have her

deposit $500 every six months, and she would receive interest at a 7 percent annual rate,

compounded semiannually. Under the second plan she would deposit $1,000 every year

with a rate of interest of 7.5 percent, compounded annually. The initial deposit with

Plan 1 would be made six months from now and, with Plan 2, one year hence.