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RoseWind [281]
2 years ago
11

Difference between compounded annually, monthly and daily.

Mathematics
1 answer:
zvonat [6]2 years ago
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.

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Help someone!! Thank you (:
mestny [16]
1 hour = 70 miles
3 hours = 70 x 3
= 210 miles

The answer would be 210 miles.
8 0
3 years ago
Jada solved the equation Negative StartFraction 4 over 9 EndFraction = StartFraction x over 108 EndFraction for x using the step
aleksandr82 [10.1K]

Answer:

Jada error was he multiplied the equation by (-9/4) to make the coefficient of x one. He should have multiplied it by 108

Step-by-step explanation:

Jada solved the equation

-4/9 = x/108

using the steps below:

-4/9 = x/108

(-4/9)(-9/4) = (x/108)(-9/4)

x = -1/48

Jada should have multiplied through by 108, instead of (-4/9). That was the error he made.

Multiplying through by 108 gives

(-4/9)(108) = (x/108)(108)

-48 = x

x = -48

The answer should have been

x = -48

and not

x = -1/48

8 0
3 years ago
Read 2 more answers
5 biscuits cost 40p altogether how much do 3 biscuits cost
STALIN [3.7K]
If 5 biscuits cost 40p

1 biscuit would cost (40p divided by 5) 8p

8p multiplied by 3 (to get 3 biscuits) would cost 24p

3 biscuits cost 24p
7 0
3 years ago
Read 2 more answers
I don't understand this, please help ​
dimulka [17.4K]

Answer:

∠2 = 150°, it is a supplementary angle to 30°

∠3 = 30°, it is an alternate angle to 30°

∠4 = 150°, it is a supplementary angle to 30°

∠5 = 30°, it is an alternate angle to 30°

∠6 = 150°, it is a supplementary angle to 30°

∠7 = 30°, it is an alternate angle to 30°

∠8 = 150°, it is a supplementary angle to 30°

6 0
3 years ago
AH SOMEONE HELP ME A department store has 950 customers in a day, and 82% of customers made a purchase. Of the customers who mad
uranmaximum [27]
65 bought 3 or more.

950x0.82=779
779-528=251
251-186=65
Final answer: 65
8 0
3 years ago
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