Here is the formula you'll need
Total = Principal * (1 + (rate/n))^n*years
I don't know how to solve that for "n" so we'll use trial and error.
If compounded annually, total =
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10,841.24
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If compounded quarterly, total =
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10,955.64
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</span></span><span>If compounded monthly, total =
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10,981.82
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If compounded daily, total =
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10,994.58
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</span>
Therefore the answer is "A", daily.
Source:
http://www.1728.org/compint3.htm
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Answer:
$120.50
Step-by-step explanation:
50 - 75 = -25
135.50 - 25 = 120.50
1st page: it is the fourth answer, y is less than or equal to 12
2nd page: it is the second answer, m is less than or equal to 450
3rd page: it is the first answer, x > -3
4th page: it is the fourth answer, b is more than or equal to 500
Answer:
B - Her monthly average would have increased by $19.57. ... Katie works as a waitress and records her monthly tips in the table shown below. If Katie decided not to work the month of November, how would her five month average compare to her six month ... Lisa is currently taking physics as one of her electives in school.
Step-by-step explanation:
