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.
To work out what the other side is that you times 12 to get to 24 you would do: 24 divided by 12 equals 2 therefore you would do 12 times 2 to get 24
Answer: choice D 1/2
Step-by-step explanation:
Events A and B are independent if the equation P(A∩B) = P(A) · P(B) holds true.
so
1/6=1/3*p(A)
p(A)=1/2
Answer:
117
Step-by-step explanation:
6/8 = ?/156
156/8 = 19.5
19.5 x 6 = 117
6/8 = 117/156
