Anthony is choosing between four loans. Loan P has a nominal rate of 10.395%, compounded daily. Loan Q has a nominal rate of 10.508%, compounded weekly. Loan R has a nominal rate of 10.69%, compounded monthly. Loan S has a nominal rate of 10.79%, compounded annually. Which loan will give Anthony the best effective interest rate?

Three friends went on a road trip from phoenix, az, to san diego, ca. mark drove 50 percent of the distance. jason drove 1/8 of the distance. andy drove the remainder of the distance. 1. andy thinks he drove 1/4 of the distance from phoenix, az, to san diego, ca. is andy correct? 2. the distance from phoenix, az, to san diego, ca, is 360 miles. how many miles did each person drive? 3. solve the problem. what is the answer in total?