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.
Answer:
4
Step-by-step explanation:
y + 6 = 4/3(x - 2)
First, distribute the 4/3
y + 6 = 4/3x - 8/3
Subtract 6 from both sides.
y = 4/3x - 26/3
-26/3 is the y-intercept so start the graph at coordinate (0, -26/3)
After you plot the y-intercept, add 4 to they y-coordinate and 3 to the x-coordinate of the y-intercept to get the next point.
0 + 3 = 3
-26/3 + 4 = -14/3
The next point should be at (3, -14/3)
Add as many points as your professor requires.
Answer:
18 and 6
Step-by-step explanation:
Rn = 6 Ratio numerator
Rd = 2 Ratio Denominator
Rs = Rn + Rd
Rs = 6 + 2
Rs = 8
Ratio Sum
a = 24 Amount to Divide
M = a ÷ Rs
M = 24 ÷ 8
M = 3 Multiplier Ratio Division Calculation
Rr = Rn × M : Rd × M
Rr = 6 × 3 : 2 × 3
Rr = 18 : 6
The answer is a I believe
I hope this helped :)
