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Mathematics 14 Online
OpenStudy (anonymous):

Am I correct? o:

OpenStudy (anonymous):

OpenStudy (anonymous):

@Hero

OpenStudy (anonymous):

@whpalmer4

OpenStudy (ankit042):

looks good to me

OpenStudy (anonymous):

@amistre64

OpenStudy (anonymous):

j'ai d'accord!

OpenStudy (anonymous):

I know what everything is except n... /:

OpenStudy (anonymous):

n represents the number of times per year the intrest is compounded....since it says compounded annually, n = 1

OpenStudy (anonymous):

annual => n = 1 biannual => n = 2 quarterly => n = 4 monthly => n=12 daily => n = 365 continuously => n goes to infinity

OpenStudy (anonymous):

Okay.. That's what I was thinking so.. Let me see what answer I get and check with you to see if it's correct.

OpenStudy (anonymous):

Is the answer 321?

OpenStudy (anonymous):

no, to the nearest cent

OpenStudy (anonymous):

rounded to the nearest cent? look slike you rounded to ne nearest dollar...

OpenStudy (anonymous):

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