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Nina [5.8K]
3 years ago
8

Why is utilizing compound interest a powerful savings strategy?

Mathematics
1 answer:
PilotLPTM [1.2K]3 years ago
3 0
When you’re younger, it’s not so much about the type of investments you hold but more about just diligently saving. “Mutual funds or stocks? It just doesn’t matter much at this stage,” says certified financial planner Janet Gray. “Simply having a savings account means you’re in the game.”

That’s because at the beginning, your savings will be the key way of growing your money. “So don’t focus on being an investment expert early on,” says investment manager Dan Bortolotti. “Focus on frugal living and adding even small amounts, like an extra $50 or more a month, to your savings. That goes a long way over time so be patient and focus on savings.” In these early years, just celebrate the fact that you actually have money and are growing your wealth in a disciplined way.  “You’re ahead of a lot of people,” says Gray.

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Max and Emma are discussing their math homework and disagree on the answer for one question. Max says that integers are closed u
hram777 [196]

A set has closure under an operation if performance of that operation on members of the set always produces a member of the same set; in this case we also say that the set is closed under the operation.

A closure property is a certain rule that holds <u>if it is true for all elements of a set under the given operation</u> and a closure property does not hold <u>if there is at least one pair of elements that do not follow the closure property under the given operation.</u>

Therefore, Emma is correct, because you can find a counterexample (7:2=3.5) that gives you a non-integer answer.

Answer: correct option is B

4 0
3 years ago
Help me i will give you a hundreds points
Vedmedyk [2.9K]

Answer:

Photosynthesis is a process used by plants and other organisms to convert light energy into chemical energy that, through cellular respiration, can later be released to fuel the organism's activities.

4 0
2 years ago
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What is the formula of dilation?
xeze [42]

Answer: Scale factor = Dimension of the new shape ÷ Dimension of the original shape.

Step-by-step explanation:

5 0
1 year ago
Triangle CAT is transformed to produce triangle DOG.
PilotLPTM [1.2K]

Using transformations and congruency concepts, it is found that with these following transformations, the triangles will be congruent.

  • A reflection, then a translation.
  • A rotation, then a reflection.

--------------------------

  • Two triangles are congruent if they have the <u>same lengths</u> of the sides and the <u>same angles.</u>
  • In a reflection, there is a rule that changes the <u>coordinates (x,y)</u>, but does <u>not </u>change <u>the lengths</u> of the sides of the triangles, thus they will still be congruent.
  • A <u>reflection is also a special case of rotation</u>, thus, in a rotation, the triangles are also congruent.
  • A translation is also similar to a reflection, using rules to shift the triangle up, down, left or right according to it's coordinates, not changing the sides or angles, thus congruent.
  • In a dilation, the <u>lengths of the sides are changed</u>, thus, the triangles will not be congruent.

--------------------------

Thus, from the bullet points above, the correct options are:

  • A reflection, then a translation.
  • A rotation, then a reflection.

A similar problem is given at brainly.com/question/24267298

3 0
3 years ago
What is the value of t in the following equation?<br><br> t + 14 = 2712
Solnce55 [7]

Answer:

2698

Step-by-step explanation:

2712-14

4 0
3 years ago
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