Mathematics, 12.03.2020 00:05, isyssjones42
Odette has two investments that she purchased at the same time. Investment 1 cost $10,000 and earns 4% interest each year. Investment 2 cost $8000 and earns 6% interest each year. Instead of calculating 4% interest for one year, suppose the interest for Investment 1 was calculated every day at a rate of (4/365)%. This is called daily compounding. Would Odette earn more, the same, or less using this daily method for one year? Provide an example to show your thinking.
Answers: 1
Mathematics, 22.06.2019 01:00, abbygailgo674
Libby built a fence that was 56 \text { feet}56 feet long over 44 days. she built the same length of fence each day. how many inches of fence did libby build each day?
Answers: 1
Odette has two investments that she purchased at the same time. Investment 1 cost $10,000 and earns...
Mathematics, 23.02.2022 17:40
History, 23.02.2022 17:40