That's about as much as you can simplify this problem.
I hope this helps! :)
Answer:
Step-by-step explanation:
This would be called the range.
Answer:
1/2x=68.2
so we need to multiply 68.2 by 2=
136.4
Hope This Helps!!!
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.
Any decimal lower that .5 is rounded down, and anything .5 or higher is rounded up, so the answer would be 38.
