For each of the following accounts, determine the percent change per compounding period. Give your answer in both decimal and percentage form.
a. Account A has a 3% APR compounded monthly. Determine the percent change per compounding period.
i. Decimal form Preview
ii. Percentage form % Preview
b. Account B has a 6.3% APR compounded quarterly. Determine the percent change per compounding period.
i. Decimal form: Preview
ii. Percentage form % Preview
c. Account A has a 3.4% APR compounded daily. Determine the percent change per compounding period.
i. Decimal fo rm: Preview
ii. Percentage form % Preview

a) 0.0025, 0.25%

b) 0.01575, 1.575%

c) 0.00009315, 0.009315%

Step-by-step explanation:

We are given the following in the question:

a) 3% APR compounded monthly.

b) 6.3% APR compounded quarterly.

c) 3.4% APR compounded daily.

step-by-step explanation:

yes

1. sometimes

2.   never

3   .08c = 7.50+.05c   250 pages

step-by-step explanation:

1.   sometimes

the theoretical probability of rolling a 1 is 1/6.   perhaps you got really lucky and never rolled a 1   in those 60 times.   your experimental probability is 0.   or perhaps you rolled a 1   20 times.   your experimental probability is 20/60 is 1/3.     it really just depends on how you rolled in that experiment.

2.   never

the probability of the event occurring is 1.   that is being 100 % sure it will happen.   that is the maximum amount of confidence we have.

3.   no customer card cost:   .08 times number of pages

customer card cost:   7.50 + .05 times number of pages

we want to find when it costs the same amount, so we will set these equal

let c = number of pages

.08c = 7.50+.05c

subtract .05c from each side

.08c-.05c = 7.5+.05c-.05c

.03c=7.5

divide each side by .03

.03c/.03 = 7.5/03

c =250  

the cost is the same at 250 pages