Answer:
One that compound interest daily.
Step-by-step explanation:
The account that compound interest daily earn us more money because the interest calculated in this type of account is on daily basis. so we get more money compare to other accounts.
And in this type of account we get interest on the interest amount also on the daily basis. So we get more amount on this type of account other than the other accounts. so these account are the best for interest purposes
Answer:
$720
Step-by-step explanation:
Given :
Mean, m = 600
Standard deviation, s = 120
Z = (x - m) / s
P(Z > x) = 84%
P(Z > x) = 0.84
Zscore corresponding to P(Z > x) = 0.84 will be -0.994
Hence,
-0.994 = (x - 600) / 120
120 * -0.994 = x - 600
119.28 = x - 600
119.28 + 600 = x
719.28 = x
Hence,
X = $720
Answer:
I am telling I am new to this
