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.
Answer:
Where is the rest of the question? What is it asking?
Step-by-step explanation:
Well I guess if you want to change up the equation you can do 7 * X = Y
The * is just a multiplecation symbol if you didnt know
0.77 / 0.05 = 15.4 ...so we know it is 15 nickels
15 * 0.05 = 0.75.....0.77 - 0.75 = 0.02....with 2 pennies left over
ur answer is : 15 nickels and 2 pennies left over
Answer:
54.9
Step-by-step explanation:
You always round up if its 0.5 or anything .5
54.58 broken down:
The 5 is the Tens place
The 4 is the Ones place
The 8 is the Tenth place (what the question is asking for)
The 5 is the Hundredths place.
:) Hope this helps! Please mark brainliest! :)
Answer:
2,025
Step-by-step explanation:
Given:
Third term ar² = 45
Seventh term ar⁶ = 3,645
Find:
ar x ar³
Computation:
From 7th term / 3rd term
ar⁶ / ar² = 3,645 / 45
r⁴ = 81
r = 3
So,
ar² = 45
a(3)² = 45
a = 5
So,
ar x ar³
(5)(3) x (5)(3)³
2,025
