The answer is c because if the survey says 3 out of 8 have one you divide 3/8 and multiply it by 192.
If the interest rate is compounded daily, we have the effective interest rate calculated as:
r = (1 + 0.1022/30)^30 -1
r = 0.1074 or 10.74%
Therefore, the effective interest rate if the compounded daily rather than monthly is 10.74-10.22 = 0.52 points higher.
Answer:
C. 12
Step-by-step explanation:
Remember 0 to 4 turn it back
5 or above give it a shove.
Since 12.444 is around 0 to 4.
We can round that to 12.