Answer:
$1596
$1597.28
$1598.33
bank A
Step-by-step explanation:
The formula for calculating compound interest:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
Bank A = $1500(1.064) = $1596
Bank B = $1500( 1 + 0.063/12)^12 = 1597.28
Bank C = $1500( 1 + 0.0635/365)^365 = $1598.33
Bank A pays the least amount of interest
Answer:
1 st questions answer is third option
while the answer of other question is 3
Step-by-step explanation:
2nd qestions explanation
put value of x=2 in equation as x-2=0 from equation
(2)^3-6(2)^2+a2+10=2
8-24+a2+10=0
2a=-18+24
2a=6
a=3
Use slope formula
y^2-y^1/x^2-x^1
the answer is -4/3
in hours there would be 156 minutes