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:
it would be 14
Step-by-step explanation:
you have to simplify the expressions
Answer:
20/3
Step-by-step explanation:
If Ryan rides his bike 5 miles in 3/4 of an hour, then he rides 5/3 miles in 1/4 of a hour (divide both by 3). To get to a full hour from 1/4, you need to multiply it by 4. You must do the same for 5/3. 5/3*4 is equal to 20/3.
Answer:
Yes adam is correct, because from January to June the cars sold are more and increased
while the mean is the addition of all the cars sold in(Numbers) the six month and divided by six(6) month