Asked by Max
a loan requires that the 4% interest be compounded monthly for 5 years. find the number of compounding periods.
48
60
10
20
________________________________________
Yolanda deposited $11,000 in a savings account that earns 3.5% onterest compounding daily. Find the compound amount after 90 days.
156.89
11,095.34
11,953.34
95.34
48
60
10
20
________________________________________
Yolanda deposited $11,000 in a savings account that earns 3.5% onterest compounding daily. Find the compound amount after 90 days.
156.89
11,095.34
11,953.34
95.34
Answers
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