mj1226
15.01.2020 •
Mathematics
Paul answer 2 out of 5 questions correctly jan answered 43% of her questions correctly and juan answered 13 correctly and 6 incorrectly. which person answered the highest percentage of correct answers in the quiz bowl competition?
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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.