1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
In everyday English, interpret the financial meaning of the
Gemiola [76]

Answer:

The y-intercept refers to the y-coordinate of a point where a curve or a line, intersects the y-axis.

In the given equation, the y-intercept is ( 0, 9.5).

Step-by-step explanation:

We have been given the equation;

y=0.10x+9.50

The y-intercept is simply the y-coordinate of a point where the line intersects the y-axis. At this point, the value of x is usually zero.

y = 0.10 (0) + 9.50

y = 0 + 9.50

y = 9.50

is our y-intercept

8 0
3 years ago
A transformation maps a onto b and c onto d name the image of a name the preimage of b name the image of c name the preimage of
Doss [256]

If a transformation maps a \mapsto b, then b is the image of a, and a is the preimage of b. So,

  • the image of a is b
  • the preimage of b is a
  • the image of c is d
  • the preimage of d is c
7 0
3 years ago
Which is not a solution to the equation x -2y = 10 ?
Travka [436]
The answer is B because -3 -8 = -11. 
7 0
3 years ago
Read 2 more answers
A jet travels 1464 mi against the wind in 2 hours and 1704 mi with the wind in the same amount of time. What is the rate of the
anastassius [24]
The jet rate against wind is 732 mi an hour (1464/2) and 852 with the wind (1704/2)
6 0
3 years ago
Need help due tmr pls!!b!!!!
8090 [49]
Please supload it again it’s black
5 0
3 years ago
Other questions:
  • Which transformation would you do to solve this
    11·1 answer
  • What is the answer for -7x= -96
    10·1 answer
  • Point
    13·2 answers
  • What is 127/100 as a percent
    15·2 answers
  • How do I do this problem
    7·2 answers
  • 13. The altitude of an equilateral triangle is 6 in. long. Find the length of a side of the triangle. (Hint: what triangles are
    9·1 answer
  • Evaluate 2 - (-4) + 3 + (-6) - (-2)
    13·1 answer
  • A city map is laid out on a coordinate grid with City Hall at the origin. Each unit on the grid represents a distance of one cit
    14·2 answers
  • Which entity is most likely to settle community disputes in Washington? the governor’s office a branch of local government the s
    8·1 answer
  • Maybe that I'm wrong, Only one way to find out.
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!