When dividing two terms with the same base, subtract the exponent in the denominator from the exponent in the numerator: Power of a Power: To raise a power to a power, multiply theexponents.
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.
Answer:
the mean
Step-by-step explanation:
mean is calculated average
Answer:
100/100'000*5 = 5000 + base commission of 100'000 = 105'000
Step-by-step explanation:
