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Six times a number is equal to eight more than five times the number
1 answer:
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Answer:
d)9991.15
Step-by-step explanation:
We have a sum of money ($6000) compounded daily at an annual interest rate of 8.5% for 6 years.
If the interest is compound daily, and we take a m=365 days a year (or 365 subperiods m), the daily nominal interest rate is:
Then, we can express the final valueo of $6000 compounded daily at an annual interest rate of 8.5% for 6 years as:
Answer:
eh nice name though. R.I.P Legend
Step-by-step explanation:
