IB Mathematics Applications and Interpretation Quiz
20 questions · no time limit
0:00
NUMBER AND ALGEBRA
Question 1 of 20
No time limit
Current
Answered
Flagged
Not seen
A savings account with a balance of $15,200 is compounded daily. The daily interest rate is 0.021%. The bank calculates the daily interest and rounds it to the nearest cent before adding it to the principal. After 10 days, what is the absolute difference between the bank's balance and a balance calculated without any intermediate rounding?
YOUR PROGRESS
20
QUESTIONS
Ready when you are
Answer in any order. Your progress shows here as you go.
QUESTIONS
KEYBOARD
Pick an answer ABCD
Next question ↵→
Previous ←
Flag for review F
Answers save as you go · flagged questions come back at the end