The answer is 8.5% interest compounded daily.
EXPLANATION
Regardless of your rate, the more often interest is paid, the more beneficial the effects of compound interest.
A daily interest account, which has 360 compounding periods a year, in this case, will generate more money than an account with an annual compounding, which has one compounding period per year.
Answer:
Choice A
Step-by-step explanation:
(4m^5n^2/m^2n)^3
dividing exponents = subtraction
(4m^3n)^3
4^3 = 64
(m^3 )^3 = m^3x3 = m^9
64m^9n^3
Answer:
7/7 = 1
Step-by-step explanation:
1/7 is one out of seven part plus 6/7 which is 6 out of seven parts. The denominator does not need to change because it is a common denominator. Just simply add the numerators, 1 and 6 and you get 7. The numerator is divided by the denominator (7/7) which equals to 1.
Answer:
4.2
Step-by-step explanation:
closest to what I counted 3