Answer:
(a) The continuously compounding account
(b) $1.39
Step-by-step explanation:
(a) At identical interest rates, continuous compounding will yield the greatest account balance when compared to periodic forms of compounding (i.e., yearly, quarterly, monthly, weekly, etc.).
(b) By compounding interest monthly, Gregory's account balance will be $6,291.61 after 10 years. By compounding interest continuously, his balance will be $6,293.00. Therefore, by choosing the continuously compounding account, he will earn $1.39 more over 10 years.
Answer:
if it is a square, then it is a quadrilateral
Step-by-step explanation:
Hello
A. will be your answer.
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