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klemol [59]
2 years ago
6

What is compounding frequency?

SAT
2 answers:
GaryK [48]2 years ago
8 0
For example, monthly capitalization with annual rate of interest means that the compounding frequency is 12, with time periods measured in years. The effect of compounding depends on: The nominal interest rate which is applied and. The frequency interest is compounded.
Lorico [155]2 years ago
4 0
'Compounding frequency' means how many times interest is added to the account in one year.
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Answer:

Explanation:

g(x) = f(x + 1) - 2

g(x) = (x + 1 + 3)^3 -2

g(x) = (x + 4)^3 - 2

Now what are we supposed to do with this? I'm guessing we are to find what value of x will make g(x) = 12. If I'm wrong, leave a note in the form of a comment.

g(x) = 12

(x + 4)^3 - 2 = 12                 Add 2 to both sides.

(x + 4)^3 = 14                      Take the cube root of both sides.

x + 4 = cubrt(14)

x + 4 = 2.4101                      Subtract 4

x = 2.4101 - 4

x = -1.5899

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