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.
Find a common denominator.
we'll pick 12 so...
1/4 = 3/12
1/3 = 4/12
So you gave your sisters
3/12 + 4/12 = 7/12
You keep 12/12 - 7/12 = 5/12
Listen to lean on me by no cap
Answer:
$52.324
Step-by-step explanation:
Answer:
length of the drawing will be 14cm and breadth will be 10cm.
Step-by-step explanation:
if actual 5m represents 1cm in drawing then,
5m = 1cm
1m = 1/5cm
70m = (1/5)×70cm =14cm
likewise,
50m = (1/5)×50cm =10cm
thus, length in drawing is 14cm and breadth in drawing is 10cm.