3 years ago

2. If you invest $10,000 in a bank which one is a better investment? A. 9% compounded monthly B. 9.3% compounded annually

Mathematics

1 answer:

Tcecarenko [31]3 years ago

7 0

Answer:

A . 9% compounded monthly

Step-by-step explanation:

<em>because</em><em> </em> 9% × 31 ( 31 is number of days in month ) = 2. 79

You might be interested in

PLEASE help me with this question and I WILL love you forever But yeah please help me with the question.And EXPLAIN in words how

Rufina [12.5K]

Well on this problem recall area of a rectangle is defined by:

A = lw our w = 1/6 and our l = (x + $\frac{2}{3}$ ) we have let 'x' represent our original length.
$(x + \frac{2}{3} )( \frac{1}{6} )= \frac{11}{72}$
$\frac{1}{6} x+ \frac{2}{18} = \frac{11}{72}$
12x + 8 = 11
12x = 11 - 8
12x = 3
x = $\frac{3}{12} = \frac{1}{4}$ So our original length is $\frac{1}{4}$