Answer: M= 3/5
Step-by-step explanation: 3/5x=3= M=3/5
4% compounded monthly: $10000(1+0.04/12)^36 = $11272.72
3.5% compounded continuously: $10000e^[0.035*3] = $11107.11.
Which one pays the most in interest?
18, you have 3 choices for the bottom because you can't use the small one, 3 choices for the next because you can now use the small one, 2 for the next and finally 1. You multiply all of them to get 18
