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Mathematics, 25.09.2019 05:50 luvcherie18

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1. checking account earnings at long's bank are expressed by the equation, i = -0.06x + 8.3
the earnings at fellow's bank are modeled by i = -0.02x+6.6
in both cases, x is the number of checks written.
for what range of checks will a checking account at long's bank generate more earnings income than one at fellow's bank? show your work or explain how you got your answer.
2. a bank advertises an apr of 5.5% on personal loans. how much more is the apy when the rate is compounded monthly as compared to when it's compounded quarterly? explain your answer.

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