Oscar invests $5,000 for 5 years at an interest rate of 5.25% per year. How much more would he collect at the end of the 5-year period if the money invested compounds monthly rather than compounds annually?

x is variable or an unknown value to find

example:

2x = 5 which means x = 3

24/56=hx^7

step-by-step explanation:

26 is 33.33% of 78

step-by-step explanation:

26 is what percent of 78?

26 is p% of 78

equation: y = p% * x

solving our equation for p

p% = y/x

p% = 26/78

p = 0.3333

convert decimal to percent:

p% = 0.3333 * 100 = 33.33%

idk

step-by-step explanation: