I believe A. would be the answer
SORRY IF WRONG
Answer:
21
Step-by-step explanation:
yeah 2+2 is 21 thanks for the very nonexistent question
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.
If the question is True or False then the answer is True
The answer should be A simple interest
