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Answer:
Step-by-step explanation:
Given that interest rates are as follows:
Let P be 100 dollars for each.
A) 3.15% compounded monthly.
Hence amount =
Final amount = 103.20 dollars
B) 2.25% compounded quarterly
Final amt. =
=102.27
C) 2.05% compounded daily
Amount =
=102.07
Obviously A is the best deal.
Question 8:
Your choice is correct: two figures are similar if all correspondant sides are in the same ratio.
In your case, the figure on the right have correspondant sides which are all three times the figure on the left, since
So, the two figures are similar and their ratio is 1:3.
Question 9:
We follow exactly the same approach: let's see if the radii and the heights are in the same ratio: the radii are in ratio
While the heights are in ratio
So, the answer is again yes, they are similar, and the ratio is 1.6.