Your money grows faster because the interest is added back into the principle and then the next time it compounds you get interest on the new principle amount. So for example, you deposit $100 in an account that gets 5% interest compounded semiannually. The first time it compounds you get $5 added to your account so your new balance is $105. The next time it compounds you get 5% on $105 so you get $5.25 added and so on. If this is only happening semi-annually that would be all you get for the year. But if it happens quarterly you would get would get deposits of $5.51 and $5.79 as well. If it compounds monthly or even daily your money would grow more and more. Hope this helps.
Uhhhhh the picture is all white
Answer:
y = 0.125x + -1.375
Step-by-step explanation:
You can try and use desmos.com to help you graph these 2 points. My algebra teacher recommended it if you don't have a physical graphing calculator!
Answer:
KArl should use 3/16 cups of chili powder
Step-by-step explanation:
Given that:
Recipe's requirement : 3/8 cups
Karl wants to use half : 1/2
The given question involves fractions. When the number of cups has to be divided into half, it will be multiplied with 1/2.
So,
Multiplying the chili powder requirement of the recipe to 1/2
Hence,
KArl should use 3/16 cups of chili powder
Keiko has a total of $5200
x is the amount of money in larger account
y is the amount of money in smaller account
x - y = $900
and x + y = $5200
<u>This creates two simultaneous equations:</u>
x - y = $900 ... (i)
x + y = $5200 ... (ii)
Adding (i) and (ii) :
2x = $6100 , x = $3050
y = x - $900 = $3050 - $900 = $2150
The amount of money in larger account (x) = $3050
The amount of money in smaller account (y) = $2150
