2 years ago

Difference between compounded annually, monthly and daily.

1 answer:

5 0

Answer:

With monthly compounding, the bank will calculate interest on your account just once per month. It will not update your balance on a daily basis when it calculates how much interest it owes you. Assuming that the APR is the same, accounts with monthly compounding offer a lower APY than accounts with daily compounding.

You might be interested in

I have some questions that need to be answered fast.<br><br> 1. 42/j = 35/55

Novay_Z [31]

$\frac{42}{j} = \frac{35}{55}$

to solve for j first you need to cross multiply;

j × 35 = 42 × 55

35j = 2,310

j = 2,310 ÷ 35 (did the inverse operation)

j = 66

Hope that helps :D

6 0

3 years ago

What is 1.8-9.0 = help me plz

Andrews [41]

The answer is -7.2 and -36/5 hope this helps

3 0

3 years ago

Read 2 more answers

Solve for x pls help me

Usimov [2.4K]

Answer:

Step-by-step explanation:

circumference of total circle = 16 pi

16 pi / 4 pi = 4

1 / 4 =25%

1/4 * 360 = 90

4 0

2 years ago

How is a tangent different from a chord

Akimi4 [234]

In a tangent segment, no part of it is in the interior of the circle. with a secant, there is a part in the interior called the chord. hope it helps
if you need help with anything else just ask me

5 0

3 years ago

Read 2 more answers

(3x+36)^2<br> can anyone please answer i don’t understand how to do this

pav-90 [236]

Expand the EXPRESSION
9x^2+216x+1296

7 0

3 years ago