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boyakko [2]
3 years ago
7

You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account. Which wo

uld you rather​ have: a daily compounded rate of ​%, a weekly compounded rate of ​%, a monthly compounded rate of ​%, a quarterly compounded rater of ​%, a semiannually compounded rate of ​%, or an annually compounded rate of ​%? Which periodic rate would you rather have for your savings​ account
Business
1 answer:
Dvinal [7]3 years ago
8 0

Answer:

a weekly compounded rate of 0.355​%

Explanation:

the question is incomplete:

a daily compounded rate of 0.040​%, a weekly compounded rate of 0.355​%, a monthly compounded rate of 1.15​%, a quarterly compounded rater of 4.00​%, a semiannually compounded rate of 7.5% or an annually compounded rate of 14​%

compounded daily:

  • effective interest rate = (1 + 0.0004)³⁶⁵ - 1 = 0.157162407

compounded weekly:

  • effective interest rate = (1 + 0.00355)⁵² - 1 = 0.202344148

compounded monthly:

  • effective interest rate = (1 + 0.0115)¹² - 1 = 0.147071911

compounded quarterly:

  • effective interest rate = (1 + 0.04)⁴ - 1 = 0.16985856

compounded semiannually:

  • effective interest rate = (1 + 0.075)² - 1 = 0.155625

compounded annually

  • effective interest rate = 14%

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Answer:

Let's assume that "X" be the number of employees in 2000.

∵ it's given :

From 2000 to 2003: the number of employees increased by a factor of 1/4

From 2003 to 2006: the number of employees decreased by a factor of 1/3

∴ We can equate the following details:

X×(increase in employee)×(decrease in employee) = 100

X×(1+\frac{1}{4})×(1-\frac{1}{3}) = 100  

X×(\frac{5}{4})×(\frac{2}{3}) = 100  

X×(\frac{10}{12}) = 100  

X = 100×(\frac{12}{10})  

<em>X = 120  </em>

<u><em>Therefore, the correct option is (b)</em></u>

6 0
3 years ago
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marysya [2.9K]

Answer:

the correct answer is 69900

3 0
3 years ago
"Slumming" meant:
Andru [333]

Answer:

A.

Explanation:

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Harlem is a city located in the neighbourhood of New York City after blacks migrated to the place the city became a restricted area to go.

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So, the correct answer is option A.

8 0
3 years ago
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Ksenya-84 [330]

Answer:

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The fraternal benefit society is an organization in which the people generally  share the ethics, religious views, etc. Also this society provides the insurance to their members

Since in the question it is mentioned that the Edward who is a member of Knight of Columbus i.e. a religious group dedicated a voluntary service in order to give the benefit to society

So the knights of columbus is a fraternal benefit society

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3 years ago
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Answer:

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Explanation:

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