Since monthly compounding is more than annual compounding the
future value grows.
Option b is correct
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how many lbs of 10-10-0 fertilizer should i apply? Problem A1: Your soil test report said you needed 100 lb acre-i N and 30 lb acre-P,0. Your field is 0.5 acres. You have a bag of 46-0-0 and you have two bags of 10-10-0 (all bags are 100 lb each). What will you apply? Hint: Start with the 10-10-0 fertilizer since it contains two nutrients. Also, start with P because you will apply N with the P and usually applications...
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