How many times can 8 into 12

Mathematics

2 answers:

LenKa [72]3 years ago

8 0

8 can only go into 12 one time

Lisa [10]3 years ago

6 0

8 can go into 12 only once.

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The savings account offering which of these APRs and compounding periods offers the best APY?

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$\bf \qquad \qquad \textit{Annual Yield Formula}
\\\\
~~~~~~~~~~~~\textit{4.0784\% compounded monthly}\\\\
~~~~~~~~~~~~\left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 4.0784\%\to \frac{4.0784}{100}\to &0.040784\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{monthly, thus twelve}
\end{array}\to &12
\end{cases}
\\\\\\
\left(1+\frac{0.040784}{12}\right)^{12}-1\\\\
-------------------------------\\\\
~~~~~~~~~~~~\textit{4.0798\% compounded semiannually}\\\\
$

$\bf ~~~~~~~~~~~~\left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 4.0798\%\to \frac{4.0798}{100}\to &0.040798\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{semi-annually, thus twice}
\end{array}\to &2
\end{cases}
\\\\\\
\left(1+\frac{0.040798}{2}\right)^{2}-1\\\\
-------------------------------\\\\
$

$\bf ~~~~~~~~~~~~\textit{4.0730\% compounded daily}\\\\
~~~~~~~~~~~~\left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 4.0730\%\to \frac{4.0730}{100}\to &0.040730\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{daily, thus 365}
\end{array}\to &365
\end{cases}
\\\\\\
\left(1+\frac{0.040730}{365}\right)^{365}-1$

7 0

3 years ago

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