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.
Think of 2 times 2
You would duplicate 2 two times
8 times 8 is 64
6 times 6 is 36
It’s kind of just adding an integer (any number) to the integer that is stated after it
Since the whole length of the rectangle is 8, and the line across isnt exactly in the middle, (but just a little bit farther than the 4 mark) ... Then the correct answer is:
D. 4 1/2 units
Answer:
14.52
Step-by-step explanation:
13.57 + 13.57 x 7% = 13.57 x (1+7/100) =13.57 x 107/100 = 14.52
Answer:
x = 60, y = 50
Step-by-step explanation:
60 + 50 = 110 + 70 = 180.
50 + 70 = 120 + 6 = 180.
Therefore 50 + 70 + x = 60
Therefore 70 + 60 + y = 50
