Answer:
The rate of interest for compounded daily is 2.1 6
Step-by-step explanation:
Given as :
The principal investment = $ 98,000
The Time period for investment = 7 years
Let The rate of interest compounded daily = R %
The Amount at the end up = $ 114,000
<u>From compounded method</u>
Amount = Principal × 
Or, $ 114,000 = $ 98,000 × 
Or,
= 
or, 1.16326 = 
or,
= 1 + 
1.00005919 - 1 = 
or, 0.00005919 = 
∴ R = 0.00005919 × 365000 = 2.16
Hence the rate of interest for compounded daily is 2.1 6 Answer
<u>Answer</u><u>:</u>
Equation: x + 2 = 7/8x - 15
Solution: x = -136
<u>Explanation</u><u>:</u>
x + 2 = 7/8x - 15
2 + 15 = 7/8x - x
17 = 7/8x - 8/8x
17 = -1/8x
17 × -8 = x
-136 = x
Answer:
false
Step-by-step explanation:
it would be in the first quadrant
<em>ANSWER :</em>
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<em>I THINK ITS B </em>
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EXPLANATION :
<u><em>ANSWERED BY THE BEST !!!!</em></u>
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