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.
The answer is NO open circle is not included in an inequality. The other person answered it incorrectly
Answer:
24.15
Step-by-step explanation:
Answer:
![2\frac{9}{10} or\frac{29}{10}](https://tex.z-dn.net/?f=2%5Cfrac%7B9%7D%7B10%7D%20or%5Cfrac%7B29%7D%7B10%7D)
Step-by-step explanation:
Hope this helps! Have a great day ahead. Happy halloween :) Stay Safe <33