Tham KY's answer to Nelson's International Baccalaureatte Further Maths HL question.
done
{{ upvoteCount }} Upvotes
clear
{{ downvoteCount * -1 }} Downvotes
Correct?
Date Posted:
6 years ago
The calculations all correct and I was fine with calculation. However, my real struggle was with the question 'which represents the best effective rate and why? '
Anyways, thank you so much for your helps.
Anyways, thank you so much for your helps.
"Effective annual interest rate" means if put all into one same calculation, ie compounded annually only. Coz Qn asked for "annual interest rate"...