Answer:
Part A) Annual
Part B) Semiannual
Part C) Monthly
Part D) Daily
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
Part A)
<u><em>Annual</em></u>
in this problem we have
substitute in the formula above
Part B)
<em><u>Semiannual</u></em>
in this problem we have
substitute in the formula above
Part C)
<em><u>Monthly</u></em>
in this problem we have
substitute in the formula above
Part D)
<em><u>Daily</u></em>
in this problem we have
substitute in the formula above
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Hello!
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❖ The value of the 3 in 9.237 is 3 hundredths.
~ ʜᴏᴘᴇ ᴛʜɪꜱ ʜᴇʟᴘꜱ! :) ♡
~ ᴄʟᴏᴜᴛᴀɴꜱᴡᴇʀꜱ
It is the verb of storing information in a different place. For example, once I read an email, I will archive it, putting it in a folder to be deleted, but I can still view it if necessary. To archive a question would most likely mean to get rid of it.
I hope this helps.