Answer:
With monthly compounding, the bank will calculate interest on your account just once per month. It will not update your balance on a daily basis when it calculates how much interest it owes you. Assuming that the APR is the same, accounts with monthly compounding offer a lower APY than accounts with daily compounding.
<span>To answer this question we need to know that because x will always be negative, it is the same as saying lim as x approaches infinity of 1/(1.001)^x. That is why we can say that the denominator will get bigger and bigger, making the fraction and therefore the limit closer and closer to 0. </span>
Answer:
12537678446.7
Step-by-step explanation:
316+178 divided by 2427 (2639 plus 26383) - 373637/282637
Mean, x_bar = 1518
Standard deviation, sigma = 325
Range required: 1550 ≤ X ≤ 1575
Z = (X - x_bar)/sigma
Z1 = (1550-1518)/325 ≈ 0.1
Z2 = (1575-1518)/325 ≈ 0.18
From Z tables,
P(Z1) = 0.5398
P(Z2) = 0.5714
P(1550≤X≤1575) = P(Z2) - P(Z1) = 0.5714 - 0.5398 = 0.0316
The correct answer is C.
Answer:
the third one ithink
Step-by-step explanation:
