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kayleetweedy1
04.10.2019 •
Mathematics
Can anyone pls i don’t get this one?
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Ответ:
Ответ:
D.An account earming interest compounded daily
Step-by-step explanation:
An account earning interest compounded daily would have accumulated the greatest value at the end of the year.
Compound interest is interest on interest. In compound interest, the interest is calculated on the principal and interest accrued. This makes the value highest. For the account compounded daily, the interest on interest is taken every day. It has a power of 365. For compound interest accrued annually, the interest compounded yearly. Simple interest is basically on the principal.