thankyou
2006-10-22 17:29:35 · 5 answers · asked by sweetbhabe18 1 in Education & Reference ➔ Home Schooling
compounding,straight and exponential please
2006-10-22 17:43:42 · update #1
Annual interst rate is 17.7% =(177/10)%.Therefore,daily interest rate=(177/10X365)%=0.048% (app)
2006-10-23 03:11:06 · answer #1 · answered by alpha 7 · 0⤊ 0⤋
well im lost are you saying that if something is compounded daily then what is the rate if after a year your yield is 17.7%...or like are u saying...wait idk...whatev
2006-10-22 17:32:02 · answer #2 · answered by shark7777 3 · 0⤊ 0⤋
$0. Banks give interest by year, not by day.
2006-10-23 00:21:28 · answer #3 · answered by Stary_u 2 · 0⤊ 0⤋
is it compunding or straight or exponential u shoiuld give detail
2006-10-22 17:41:42 · answer #4 · answered by Anonymous · 0⤊ 0⤋
0.048%...multiply that by 365 and you will be near enough
2006-10-22 17:44:00 · answer #5 · answered by Mai 2 · 0⤊ 0⤋