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
baherus [9]
3 years ago
8

With compound interest, what happens when you start compounding more and more frequently?

Mathematics
1 answer:
VLD [36.1K]3 years ago
7 0
Your money grows faster because the interest is added back into the principle and then the next time it compounds you get interest on the new principle amount.  So for example, you deposit $100 in an account that gets 5% interest compounded semiannually. The first time it compounds you get $5 added to your account so your new balance is $105.  The next time it compounds you get 5% on $105 so you get $5.25 added and so on.  If this is only happening semi-annually that would be all you get for the year.  But if it happens quarterly you would get would get deposits of $5.51 and $5.79 as well.  If it compounds monthly or even daily your money would grow more and more.  Hope this helps.
You might be interested in
a store wants to print flyers to advertise it's grand opening. A printer will charge $50 and $0.05 per flyer. if the store has a
Vinvika [58]

The equation would be  .05x+50=100 Then you would solve for x

7 0
3 years ago
The height of a tank is 3 meter and volume is 12 million centimeters. find the area of the square base of the tank in square met
Alecsey [184]

Answer:

75

Step-by-step explanation:

8 0
2 years ago
With work please!!!<br><br> f(x) = -x^4 + 5x - 4x^2<br><br> (f (2))^2
marishachu [46]

Answer: 484

===============================================

Work Shown:

First let's compute f(2). We replace every x with 2 and then use PEMDAS to simplify

f(x) = -x^4 + 5x - 4x^2

f(2) = -(2)^4 + 5(2) - 4(2)^2

f(2) = -16 + 5(2) - 4(4)

f(2) = -16 + 10 - 16

f(2) = -6 - 16

f(2) = -22

Then we square this result to find the value of [ f(2) ]^2

f(2) = -22\\\\\left[ f(2) \right]^2 = [ -22 ]^2\\\\\left[ f(2) \right]^2 = 484

6 0
3 years ago
Please help!!! ASAP the bottom number is 3 btw.
Nataliya [291]

Answer:

5*3=15

Step-by-step explanation:

3 0
3 years ago
Lara bought 3 yards of fabric and a spool of thread for $28.10. If the spool of thread cost $1.25, how much did the fabric cost
Lyrx [107]

Answer: $8.95 per yard of fabric

Step-by-step explanation:

Define the following:

x = cost of fabric per yard

Make an equation:

⇒ 3x + 1.25 = 28.10

⇒ 3x = 26.85

⇒ x = 8.95

∴ $8.95 per yard of fabric

7 0
2 years ago
Other questions:
  • Help Please...
    10·1 answer
  • Question 1<br> Given f(x) = 2. 1x + 12, find f(5).<br> Your answer:
    10·1 answer
  • If x and y are two nonnegative numbers and the sum of twice the first ( x ) and three times the second ( y ) is 60, find x so th
    5·2 answers
  • Solve for x in the equation 2x^2 - 5x + 1 =3
    7·2 answers
  • Jill Say that 23/1000 can be written as 0.23 which explain whether or not Jill is correct
    6·2 answers
  • A rectangle has vertices W(2,3).X(7,6), and Z(7,3).Describe how to find the side lengths of the rectangle without graphing
    11·1 answer
  • Four boxes shown in order from largest volume to smallest
    5·1 answer
  • Felicia is a girl who plays on a co-ed volleyball team. Besides Felicia, the team is made up of 7 boys and 4 other girls. The te
    15·1 answer
  • Help me please! will mark brainliest if correct :)
    8·1 answer
  • What is a^2 - 5b + the square root of c if <br> A= -3<br> B= 6<br> C= 16
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!