Chat with our AI personalities
Divide $25.50 by 5 to obtain hourly earnings
Arnold made 8.50 and hours. This is figured out by doing math.
$307.66
With compound interest, in the second and subsequent periods, you are earning interest on the interest earned in previous periods. If you withdraw the interest earned at the end of every period, the two schemes will earn the same amount.
The answer depends on what precisely the question is.