babydogdog4375
05.09.2020 •
Mathematics
A number cube is rolled three times. An outcome is represented by a string of the sort OEE (meaning an odd number on the first roll, an even number on the second roll, and an even number on the third roll). The outcomes are listed in the table below. Note that each outcome has the same probability. For each of the three events in the table, check the outcome(s) that are contained in the event. Then, in the last column, enter the probability of the event.
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Ответ:
Mike has a choice of an account that compounds daily and an account that compounds monthly. If they both have the same interest rate, which will earn more interest?
Account that is being compounded on a daily basis will earn more interest. This is because in simple words, one is getting some interest on a daily basis and one will yield an 'interest on interest'. Whereas in a monthly compounded account Mike will earn less interest.