1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valina [46]
3 years ago
5

Which descriptions about simple interest and yearly compounded interest are true? Check all that apply. Only compound interest h

as an exponent in its formula. Simple interest is earned on principal and interest. Compound interest earns more money than simple interest at the same rate for the same amount of time. Simple interest earns more money than compound interest at the same rate for the same amount of time. Simple interest is only earned on the original principal investment. Only compound interest earns the same interest amount every year. Only simple interest uses time in its formula. Compound interest is earned on principal and interest.
Mathematics
2 answers:
ankoles [38]3 years ago
6 0

Answer:

Only compound interest has an exponent in its formula.

Simple interest is only earned on the original principal investment.

Compound interest is earned on principal and interest.

Step-by-step explanation:

pychu [463]3 years ago
4 0

Answer:

  • Only compound interest has an exponent in its formula.
  • Simple interest is only earned on the original principal investment.
  • Compound interest is earned on principal and interest.

Step-by-step explanation:

The above statements are self-explanatory.

__

The one statement that can be argued is ...

  "Compound interest earns more money than simple interest at the same rate for the same amount of time."

This is true for time periods <em>longer than the initial compounding interval</em>. If interest is compounded annually, the amount of simple interest and compound interest <em>will be the same for the first year</em>. After that, the compound interest account earns more, because interest is paid on interest and principal, not just principal.

You might be interested in
there are 9 boys in a class of 14 students. a)what is the ratio of boys to girls. b) what is the ratio of girls to all students
ElenaW [278]

Answer:

a). 9 to 5

b). 5 to 14

Step-by-step explanation:

If there are 9 boys then there are 5 girls because 14 - 9 = 5.

So, there are 5 girls of 14 students in the class.

4 0
3 years ago
6.
saveliy_v [14]
$26.60 would be you’re answer i believe
6 0
3 years ago
Why does cube root 7 equal 7 to the 1/3 power
UNO [17]

Answer:

Step-by-step explanation:

Here's how you convert:

\sqrt[n]{x^m}=x^{\frac{m}{n}  The little number outside the radical, called the index, serves as the denominator in the rational power, and the power on the x inside the radical serves as the numerator in the rational power on the x.

A couple of examples:

\sqrt[3]{x^4}=x^{\frac{4}{3}

\sqrt[5]{x^7}=x^{\frac{7}{5}

It's that simple. For your problem in particular:

\sqrt[3]{7} is the exact same thing as \sqrt[3]{7^1}=7^{\frac{1}{3}

8 0
3 years ago
(solving for y) <br> 4x-5=7+4y
alexira [117]
y = x - 3

1. Subtract 7 from the right to the left.
* 4y = 4x - 12
2. Divide the 4 (constant) next to the 'y' to the other side.
* y = 4/4x - 12/4 
* y = x - 3

3 0
3 years ago
What is the value of a4 in the sequence?
Sergio [31]
A4 means the 4th number so it would be 17.
4 0
3 years ago
Read 2 more answers
Other questions:
  • Reduce the following fraction to lowest terms 49/105
    6·2 answers
  • Which function is a quadratic function? c(x) = 6x 3x^3 d(x) = x – 8x^4 p(x) = –5x – x^2 k(x) = 2x^2 9x^4
    11·1 answer
  • P is inversely proportional to the square of (q+4). p=2 when q=2. Find the value of p when q =-2
    14·1 answer
  • Please help me its due in 3 minutes please no links I just need the answer please.
    7·2 answers
  • Find the measure of the angle indicated
    7·1 answer
  • I really suck at math. Can anyone give me good tips to remembering math (algebra and geometry especially) or give me good websit
    9·2 answers
  • There are 20 animals in the barn. There are chickens and sheep in the barn. If there are
    12·2 answers
  • Please help me with the question please ASAP ASAP please please ASAP please please help
    8·2 answers
  • one day a store sells 14 pairs of jeans . The 14 jeans represents 20% of total number of items sold that day. How many items did
    13·1 answer
  • Solve (4x – 5)2 = 9.
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!