Part 1: What is the periodic interest rate of jade investment?

Each compounding period is done semi-annually, which means twice a year. Since the given interest rate is annual, then 5.2% divided by half should yield the period interest rate, which is 2.6%

Part 2: How many compounding periods does Jade's investment offer in a year? how about in 8 years?

In 1 year, there are 2 compounding periods. In 2 years, there are 16 compounding periods.

5 0

3 years ago

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Comment all that apply

max2010maxim [7]

MCEA=90
mBEF=135
CEF is straight
AEF is right

4 0

3 years ago

20+12 divided (-3)- | 17x3 (2-4)2 +6 (-4) |

Tatiana [17]

Answer:

169.333333333