Mathematics, 23.10.2021 21:00 crystalrc3414
An elite private college receives large donations from successful alumni. The account that holds these donations has $955,000 currently.
How much would the account earn in one year of simple interest at a rate of 5.33%?
How much would the account earn in one year at 5.33% if the interest was compounded daily? Round to the nearest cent.
How much more interest is earned by compounded daily as compared to simple interest?
Answers: 2
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Two cars which are 40 miles apart start moving simultaneously in the same direction with constant speeds. if the speed of the car which is behind is 56 mph and the speed of the other car is 48 mph, how many hours will it take for the car which is behind to catch up the car ahead of it?
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An elite private college receives large donations from successful alumni. The account that holds the...
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