Three financial institutions, a, b,c, are offering different rates on a loan. is a offer 3.15 % annual compounded monthly, b offers 2.25% compounded quarterly, c offers 2.05% compounded daily. determine which of the institutions offers best deal. explain and make a conclusion.

Step-by-step explanation:

Given that interest rates are as follows:

Let P be 100 dollars for each.

A) 3.15% compounded monthly.

Hence amount =

Final amount = 103.20 dollars

B) 2.25% compounded quarterly

Final amt. =

=102.27

C) 2.05% compounded daily

Amount =

=102.07

Obviously A is the best deal.

i think is 3 and 6. this took me 10 min to think.hope to and hope that my answer is brainliest.(follow me )

whole numbers.

step-by-step explanation:

we are given the average monthly rainfall (in millimeters) model r(m) for the years 1900-2009 as a function of the month number m.

as we can see m is taken for the number of months for years 1900-2009.

we know that number of months can't be a negative number or decimal number or a fraction.

so, the number of months could be only positive whole numbers.

therefore, whole numbers is more appropriate for the domain of r.