Answer:
C) $10,000 invested at 6.7% compounded quarterly over 7 years yields the greater return.
Step-by-step explanation:
-We determine the effective interest rate in both scenarios and use it to calculate the investment's value after 7 years.
#Given n=7yrs, P=$10,000 and i=6.6% compounded monthly:
#Given n=7rs, P=10000, i=6.7%
Hence, the investment has the largest value($15,921.75) when the interest rate is compounded quarterly.
More than 1 bulletin board because 5 divided by 3 equals 1.666666666666..
And since tahts the case,
The repeating decimal is greater than 1.
Hope this helps
Answer:
8
Step-by-step explanation:
Answer:
2.4 hours
Step-by-step explanation:
Answer: $2.88/16 = $0.18 per ounce. $1.77/10 = $0.177 (rounded $0.18) per ounce. The unit cost for each bag is the same.
Step-by-step explanation:
Divide the cost of each bag by their ounces for the unit cost per bag and then compare each bag to find which bag is more, less, or equal cost.
