Mathematics, 08.08.2019 02:30 angelinaranee15
Differnt finacial institutions, a, b, c are offering different rates on loans if a offers 3.15% annual interst compounded monthly b offers 2.25%compounded quarterly c offers 2.05% compounded daily. dertermine which insitiution offers best deals
Answers: 1
![\left [ 1+\frac{r}{n}\right ]^{nt}](/tpl/images/0173/0609/63a5e.png)
![\left [ 1+\frac{0.0315}{12}\right ]^{12t}](/tpl/images/0173/0609/d0ed8.png)
![\left [ 1+\frac{r}{n}\right ]^{nt}](/tpl/images/0173/0609/9e7fa.png)
![\left [ 1+\frac{0.025}{4}\right ]^{4t}](/tpl/images/0173/0609/82495.png)
![\left [ 1+\frac{0.0205}{365}\right ]^{365t}](/tpl/images/0173/0609/a94bd.png)
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Amotorboat maintained a constant speed of 12 miles per hour relative to the water in going 45 miles upstream and then returning. the total time for the trip was 8.0 hours. use this information to find the speed of the current.
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Differnt finacial institutions, a, b, c are offering different rates on loans if a offers 3.15% annu...
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