How much more would $8,000 earn in four years compounded daily at 5% than compounded annually at 5%?

Given the statement:

8,000 earn in four years compounded daily at 5%

To find the amount we use formula:

where P is the principal , A is the amount , n is number of times compounded per year and t is the time in year.

Here, Principal(P) = $8000, r = 5% and n = 365

Substitute these given values we get;

Simplify:

To find the Interest we use formula:

It is also given that:

8,000 earn in four years compounded annually at 5%.

Here, P = $8000, r = 5% , t =4 year and n = 1

Using the same formula to calculate the amount:

Simplify:

To find the Interest :

Then;

Therefore, $47.23 more would  $8,000 earn in four years compounded daily at 5% than compounded annually at 5%

c

step-by-step explanation:

it isn't d, because the interquartile range is from 27-57. and the interquartile range is basically half the data, it's pretty obvious.

it isn't b, because like i said earlier, the interquartile range is from 27-57. 57-27 is 30. the real range has to be longer

not a either. although it looks like it, 3/4 of the data is not greater than 27. but if c is wrong than this should be correct

the correct answer is c, because 13 is the point in which the plot starts