Assuming that 1.5% annual interest is converted to monthly basis with the same amount, then the monthly interest should be: 1.5%/12= 0.125%.

If you put $1000 for annual interest, the saving account would become: $1000*(100%+1.5%)= $1015

If you put $1000 for monthly interest, the saving account would become: ($1000*(100%+0.125%)= $1000*1.0151035559= $1015.10

Then, the money difference should be: $1015.10-$1015= $0.10

6 0

3 years ago

Help me answer this

Kruka [31]

Answer:

The answer would be 10.

Step-by-step explanation:

10 is the number that has the most number of dots above it.

8 0

3 years ago

Mr. Penn wants to buy pencils and erasers for the students in his class. If pencils come in packs of 20 and erasers in packs of

joja [24]

5 packs of erasers and 3 packs of pencils each will have 60

4 0

3 years ago