Short Answer
Find the effective interest rate of an account that pays 8% interest compounded daily (365 times each year).
Write your answer as a percent rounded to 2 decimal places, such as 4.13%.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q14: Pat recently inherited a large amount of
Q15: The half-life of penicillin in a beef
Q16: The half-life of Fluorine 18 is 1.82
Q17: If the half-life of francium is 21
Q18: The cost of college tuition increases about
Q20: The following function gives the value, V,
Q21: The half-life of Beryllium 11 is 13.81
Q22: A company states that their annual profit
Q23: Create the formula for the graph.<br> <img
Q24: Find an exponential function with initial value