All categories

3 years ago

Which type of interest is earned on both the principal plus any previous interest earned?

Mathematics

1 answer:

NemiM [27]3 years ago

6 0

Answer:

compound interest

Step-by-step explanation:

The interest charged on the principal for the entire loan term is known as Simple Interest. The interest computed on both principal and the previously earned interest is known as Compound Interest. Compound Interest gives a high return as compared to Simple Interest.

You might be interested in

Find the area of a regular octagon with an apothem length of 10 and a side length of 6.

Sauron [17]

Answer:

A = 240 units²

Step-by-step explanation:

the area (A) of a regular polygon is

A = $\frac{1}{2}$ pa ( p is the perimeter and a the apothem )

here p = 8 × 6 = 48 ( an octagon has 8 sides ) and a = 10 , then

A = $\frac{1}{2}$ × 48 × 10 = 24 × 10 = 240 units²

8 0

2 years ago

Read 2 more answers

What is the y-intercept of the quadratic function f(x)=x^2-5x+6?

tatiyna

Answer:

Step-by-step explanation:

f(x)=x^2-5x+6

To find the y intercept, set x=0

f(0) = 0^2 -5(0) +6

f(0) = 6

The y intercept =6

6 0

3 years ago

Determine the radius of convergence of the following power series. Then test the endpoints to determine the interval of converge

tresset_1 [31]

Answer:

Radius of the convergence is R = $\frac{1}{21}$

and,

The Interval of convergence is $-\frac{1}{21}$

Step-by-step explanation:

Given function : Σ(21x)^k

Now,

Using the ratio test, we have

R = $\lim_{n \to \infty} |\frac{21x^{k+1}}{21x^{k}}|$

R = $\lim_{n \to \infty} |\frac{21x^{k}\times21x^{1}}{21x^{k}}|$

R = $\lim_{n \to \infty} |21x^{1}|$

now,

for convergence R|x| < 1

Therefore,

$\lim_{n \to \infty} |21x^{1}|$ < 1

$-\frac{1}{21}$

and,

Radius of the convergence is R = $\frac{1}{21}$

and,

The Interval of convergence is $-\frac{1}{21}$

8 0

3 years ago

why mathematics is the very important in a small business? is mathematics is helpful to you? explain

kodGreya [7K]

Mathematics is very important in a small business is because when you make money transactions with other people you need to know how to count money correctly and your calculations can’t be wrong. Mathematics is definitely helpful to me because Artificial Intelligence is taking on jobs, so we have to step up our game.

7 0

2 years ago

Find the limit<br> lim x->0 (4x/tan2x)

My name is Ann [436]

Answer:

Step-by-step explanation:

hello : here is a solution

3 0

2 years ago