Answer:
The rate of interest for compounded daily is 2.1 6
Step-by-step explanation:
Given as :
The principal investment = $ 98,000
The Time period for investment = 7 years
Let The rate of interest compounded daily = R %
The Amount at the end up = $ 114,000
<u>From compounded method</u>
Amount = Principal × 
Or, $ 114,000 = $ 98,000 × 
Or,
= 
or, 1.16326 = 
or,
= 1 + 
1.00005919 - 1 = 
or, 0.00005919 = 
∴ R = 0.00005919 × 365000 = 2.16
Hence the rate of interest for compounded daily is 2.1 6 Answer
Yes :-)
3/10 = 30/100 or 30%
Answer:
3
Step-by-step explanation:
the rule is if its .5 or higher than you round up. since the decimal in 2.664 is .664, you'd round up to make 3
Answer:
The 2nd one
Step-by-step explanation:
Answer:
908.967
Step-by-step explanation:
i hope this helps :)