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Mathematics, 27.08.2021 01:40 mya1318
Please help (question in picture)
Also need help in part D:
Emma notices that since her credit card balance compounds monthly, she is charged more than 15% of her initial loan amount interest each year. She wants to know how much she would actually pay if the card were compounded annually at a rate of 15%. Which expression could Emma use to evaluate her balance with an annual compounding interest rate?
A. 300(1.15)^t
B. 300(1.0125)^t
C.300(1.015)^12t
D.300(1.15)^12t
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Please help (question in picture)
Also need help in part D:
Emma notices that since her cred...
Emma notices that since her cred...
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