The formula for the compound interest is given as

To check the value for the compounding at 8.01% daily

By compounding the value at 8.02% monthly
Answer:
7
Step-by-step explanation:
Everything including 1/2 and above rounds up to the next whole number.
3/8 < 4/8
7 and 3/8 rounds to 7
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Answer:
The answer would be 9.0.
Step-by-step explanation:
Hope it help you.
Answer:
3.92%
Step-by-step explanation: