Answer:
the rate compounded semi-annually is compounded twice in a year. thus, this rate is higher than the rate compounded annually which is compounded once in a year
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
For example, there are two banks
Bank A offers 10% rate with semi-annual compounding
Bank B offers 10% rate with annual compounding.
If you deposit $100, the amount you would have after 2 years in each bank is
A = 100x (1 + 0.1/2)^4 = 121.55
B = 100 x (1 + 0.1)^2 = 121
The interest in bank a is 0.55 higher than that in bank B
Answer:
120
Step-by-step explanation:
From the list of 9 weights we see that
Puppies in range 10-11 = 3
range 12-13 = 4
range 14-15 = 2
The second histogram described is the correct one.
The answer is 4 because 1 6/8 + 2 3/8 =4 1/8 so it would round to 4
The 56th term in the sequence is 195
