Answer:
6% monthly
Step-by-step explanation:
The monthly rate being compounded when the interest is 6% per year is ...
6%/12 = 0.5%
so the multiplier each month is
1 + 0.5% = 1.005
___
The monthly multiplier when 5.86% is compounded continuously is ...
e^(5.86%/12) ≈ 1.004895
The 6% rate will give a larger yield after any length of time.
Answer:
Total cost, c = 7p
Step-by-step explanation:
1pound =$7
Joe buys p pounds,
p pounds = $7 * p
p pounds = 7p
Answer:
-4and1/8
Step-by-step explanation:math
Answer:

Step-by-step explanation:

Answer: correct
Step-by-step explanation: if you distribute the 9 to the 2+x you’d get two factors 18 and 9x