Odette has two investments that she purchased at the same time. Investment 1 cost $10,000 and earns 4% interest each year. Inves
tment 2 cost $8000 and earns 6% interest each year. Instead of calculating 4% interest for one year, suppose the interest for Investment 1 was calculated every day at a rate of (4/365)%. This is called daily compounding. Would Odette earn more, the same, or less using this daily method for one year? Provide an example to show your thinking.
Step-by-step explanation: If she bought x amount of posters and had 12 left after, you'd multiply 12 by 2 and get 24. Half of 24 is 12. So Micaela bought 24 posters.
