Ask
your own question, for FREE!
Mathematics
41 Online
OpenStudy (anonymous):
Harold deposits $100 a month into a savings account. His bank informs him that his account has changed from earning interest compounded quarterly to interest compounded weekly. Is this good news for Harold? Justify your answer
Still Need Help?
Join the QuestionCove community and study together with friends!
OpenStudy (anonymous):
Yes. Because interest (interest * principal) is added to the principal ($100) at a weekly rate, rather than every quarter. Hence, more money is being "compounded".
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
IzzyCookie:
If someone could tell me what they think of this, that would be great :D Is it okay if I cry? Sometimes I canu2019t.
Arriyanalol:
What did teenagers want to do in the 1950s? Explain your reasoning.
Arriyanalol:
Should Elvis be considered "The King" of Rock and Roll? Explain your reasoning.
gelphielvr:
What are some adjectives that start with the letters "W, L, I"
ShikuniShigana:
Ight gang what do u think of these guys. Shikuni: A demonic universal being who saved a rabbit life by controlling his corpse from getting eaten from a few
addison123456:
I shouldnu2019t wait for your name to light up my screen, but it does soft as a promise.
addison123456:
I shouldnu2019t wait for your name to light up my screen, but it does soft as a promise.
Cobalt:
When it comes to chat (Misc and All Subs), what do you think would improve the en
Raider:
how would i go about figuring this out, its GCF factoring(18x^{5}+9x^{3}-3x\)
zari2drunk:
Read the excerpt from Outcasts United. Tryouts were to be held on the field of the Clarkston Community Center, an old brick and cream-colored clapboard buil
IzzyCookie:
If someone could tell me what they think of this, that would be great :D Is it okay if I cry? Sometimes I canu2019t.
27 minutes ago
5 Replies
1 Medal
Arriyanalol:
What did teenagers want to do in the 1950s? Explain your reasoning.
57 minutes ago
9 Replies
1 Medal
Arriyanalol:
Should Elvis be considered "The King" of Rock and Roll? Explain your reasoning.
8 hours ago
10 Replies
1 Medal
gelphielvr:
What are some adjectives that start with the letters "W, L, I"
7 hours ago
8 Replies
4 Medals
ShikuniShigana:
Ight gang what do u think of these guys. Shikuni: A demonic universal being who saved a rabbit life by controlling his corpse from getting eaten from a few
56 minutes ago
14 Replies
2 Medals
addison123456:
I shouldnu2019t wait for your name to light up my screen, but it does soft as a promise.
3 hours ago
14 Replies
2 Medals
addison123456:
I shouldnu2019t wait for your name to light up my screen, but it does soft as a promise.
21 hours ago
7 Replies
1 Medal
Cobalt:
When it comes to chat (Misc and All Subs), what do you think would improve the en
1 day ago
13 Replies
1 Medal
Raider:
how would i go about figuring this out, its GCF factoring(18x^{5}+9x^{3}-3x\)
1 day ago
4 Replies
1 Medal
zari2drunk:
Read the excerpt from Outcasts United. Tryouts were to be held on the field of the Clarkston Community Center, an old brick and cream-colored clapboard buil
1 day ago
2 Replies
0 Medals