subject
Mathematics, 03.12.2020 14:00 aly3048

The expression above gives the effective annual interest rate on a bank account that pays an annual interest rate of 5%, compounded n times per year. Which of the following expressions shows the change in the effective rate on the bank account if the interest is compounded monthly rather than if the interest is compounded quarterly?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
Aportion of a line bounded by two points is defined as
Answers: 1
question
Mathematics, 21.06.2019 15:30
Segment xz is bisected by point y. if xy = 12x, and the measure of xz = 18x – 6, solve for x
Answers: 1
question
Mathematics, 21.06.2019 21:30
Your friend uses c=50p to find the total cost, c, for the people, p, entering a local amusement park is the cost of admission proportional to the amount of people entering the amusement park? explain.
Answers: 2
question
Mathematics, 21.06.2019 23:00
Erik buys 2.5 pounds of cashews. if each pound of cashews costs $7.70, how much will he pay for the cashews?
Answers: 1
You know the right answer?
The expression above gives the effective annual interest rate on a bank account that pays an annual...
Questions
question
Mathematics, 30.05.2020 00:04
Questions on the website: 13722360