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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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The marked price of a phone is $160. If a 30% discount is being offered, what is the discounted price of the phone?
Luda [366]
112
160 divided by 10 equals 16
16 x 3 =48
160- 48= 112
That should be right.
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What is the relative change from 6546 to 4392
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Answer:

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Step-by-step explanation:

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The volume of a cone is 88π cubic feet. Its height is 8 feet. Fatima is finding the radius of the cone. Her work is shown below.
Kisachek [45]
To evaluate the radius of the cone we proceed as follows:
V=1/3 πr²h
plugging in the values, v=88π, h=8 ft
step 1
88π1/3πr²(8)
step 2
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step 3
 divide both sides by π
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multiply both sides by 3/(8)
88(3/8)=r²
step 4
simplify
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step 5 
get the square root
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Thus the mistake that Fatima made was:
<span> In step 3, Fatima did not multiply 88 by the reciprocal of 8/3 </span>
9 0
2 years ago
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