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aliya0001 [1]
3 years ago
14

A bank offers a money market account paying 8.7​% interest compounded annually. A competing bank offers a money market account p

aying 8.5​% interest compounded daily.​ (Assume 360 days in a​ year.) Which account is the better​ investment?
Mathematics
1 answer:
stich3 [128]3 years ago
5 0
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.
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write two equations that when graphed look like this *see image*. please help its due soon and i will give ya 75 points for answ
Zigmanuir [339]

The graph is showing the equation of circle x²+y²=4

<h3>What is a circle?</h3>

A circle is a two-dimensional geometry on the plane having a centre point and the circular line is drawn equidistant from the centre point.

The given graph in the question represents the equation of the circle cutting the points on the x-axis and y-axis at 4 which is the radius of the circle.

The equation will be as follows:-

x²+y²=4

Hence the graph is showing the equation of circle x²+y²=4

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8 0
2 years ago
What would be the answer to this question?
Iteru [2.4K]
The equation has one solution, x = 0
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-3x both sides
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3 0
3 years ago
Compare and contrast subtracting integers and subtracting whole numbers
Galina-37 [17]

Subtracting whole numbers does not include subtracting negative numbers, whereas when subtracting integers you can include negative numbers.

6 0
3 years ago
Find the volume. The numbers are 25 and 40
maksim [4K]

Answer:

Step-by-step explanation:

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6 0
3 years ago
The volume of a cylinder is 4,019.2 cubic units. If the radius is 8 units, how tall is the cylinder?
AVprozaik [17]
We will be using the formula in looking for the volume of the cylinder which is

V = πr²h

where:

r = radius
h = height
V = volume

but in the problem V and r have values already:
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plug this in the volume equation:

V = πr²h
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= 4019.2 / 64π = h

so the answer is: h = 4019.2 /201.06193
= 19.99 is the height of the cylinder.


8 0
3 years ago
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