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.

7 0

3 years ago

Simplify<br> V100 + V36 - V150

motikmotik

Answer:

16 - 5 $\sqrt{6}$

Step-by-step explanation:

5 0

2 years ago

Graph the linear equation. Find the three points that solve the equation then plot on the graph. -y=-x+1

Vinil7 [7]

Answer:

Step-by-step explanation:

The first step will be to make y the subject of the formula, by multiplying both sides of the equation by -1.

y = x - 1

This is simply the equation of a line with a slope of 1 and y-intercept (0,-1)

To determine the three points that solve the equation, we can let x be;

0, 1, 2

When x =0, y = 0-1 = -1

When x = 1, y = 1-1 = 0

When x = 2, y = 2 - 1 = 1

Therefore, we have the following three sets of points that can be used to graph the given linear equation;

(0, -1)

(1, 0)

(2, 1)

Find the attached for the graph

3 0

2 years ago