It should be k= 4 or -1/3
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.
Answer:
A) 40000
Step-by-step explanation:
this is the answer to your question
30. is 8 [-5] [3] [-2] -2