Title: Youtube Question Post by: bio_man on Aug 14, 2024 (https://biology-forums.com/gallery/49/6_14_08_24_6_02_28.jpeg) (https://biology-forums.com/index.php?action=gallery;sa=view&id=49560)
Could you please help me with this one? Three banks X, Y and 2, each offers a different effective interest rate on its saving account. (Hint: Assume 1 year to be 366 days). Bank Nominal Interest Rate Compounding Period X 8.25% compounded daily Y 825% compounded Monthly Z 8.30% compounded Quarterly Title: Re: Youtube Question Post by: bio_man on Aug 14, 2024 (https://biology-forums.com/gallery/qpics/6_14_08_24_10_00_11.PNG)
(https://biology-forums.com/gallery/qpics/6_14_08_24_10_00_18.PNG) (https://biology-forums.com/gallery/qpics/6_14_08_24_10_04_17.png) (https://biology-forums.com/gallery/qpics/6_14_08_24_10_00_34.PNG) |