An account with the same Principal Amount growing at a rate of 5% will grow the fastest if the account is *
Simple Interest
Compounded Quarterly
Compounded Monthly

Compounded Quarterly

Step-by-step explanation:

This is because the compound interest equation is dependent on the number of times the amount is compounded per year. Monthly is 12 times per year and quarterly is only 4. Simple interest stays at a linear rate.

the correct answer is 5 6 and 7

total amount of money that he should pay if he has not used his duty free exemption is $98

step-by-step explanation:

given a united states citizen returning to the states declares the following items at the customs office: 3 shirts at $8.50 each 2 dresses at $27.50 each 1 pair of gold cuff links at $17.50 per pair. we have to find how much he pay

cost of 3 shirts if one cost at $8.50 is

cost of 2 dresses if one cost at $27.50 is  

cost of 1 pair of gold cuff at $17.50

so, total amount of money that he should pay if he has not used his duty free exemption is   $25.5+$55+$17.50=$98