How many periods of time, each 1/3 of an hour long, does,a 8- hour period of time represent
1 answer:
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Step-by-step explanation: The place value chart can help us write a number in expanded notation. When we put 2,930,365 into the place value chart, we can recognize that our number is equal to 2 millions + 9 hundred thousands + 3 ten thousands + 0 thousands + 3 hundreds + 6 tens + 5 units.
The place value chart is attached in the image provided.
The accumulated value of an investment if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly; d. compounded continuously is $30731.4 $ , $30785.98 $30823.14 , 30841.95
<h3>What is Interest ?</h3>Interest is the amount received by a person as a result of investing certain amount of money for a certain period of time.
It is given that
Principal = $ 25000
Time = 3 years
Interest Rate = 7 %
The amount is given by
Compounded semiannually
n = 2
Compounded Quarterly
n = 4
Compounded Monthly
n =12
Compounded Continuously
P = P₀
Therefore the accumulated value for
compounded Semiannually is
A = $30731.4
Compounded Quarterly
A = $30785.98
Compounded Monthly
A = $30823.14
Compounded Continuously
P = $30841.95
Therefore the accumulated value of an investment if the money is
a. compounded semiannually; b. compounded quarterly; c. compounded monthly; d. compounded continuously is
$30731.4 $ , $30785.98 $30823.14 , 30841.95
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