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Elena L [17]
3 years ago
8

To take advantage of the power of compounding, what should you do with the money an investment produces?

Mathematics
2 answers:
VLD [36.1K]3 years ago
7 0
You should reinvest it. Compounding means that if you put $10 in and it gives you 110% of your investment, then you’ll receive $11. If you reinvest it and it gives 110% again, you’ll have $12.10. This will continue to accrue until you stop investing. If something doesn’t compound, you’ll only get the extra $1 over and over.
Serggg [28]3 years ago
6 0

Answer:

B. Reinvest it.

Step-by-step explanation:

To take advantage of the power of compounding, what should you do with the money an investment produces?

The answer is B. Reinvest it.

Reinvesting means to again put that money somewhere, that will yield interest.

In simpler terms, compound interest means interest on interest. In this way, the amount increases at a faster rate as compared to simple interest.

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Mama L [17]

Answer:

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Step-by-step explanation:

3 0
3 years ago
Please answer the WHOLE question and explain!
exis [7]

The total weight of candies is unknown. Let x = the total weight of candies.

"One student ate 3/20 of all candies and another 1.2 lb":

The first student ate (3/20)x plus 1.2 lb which is 0.15x + 1.2.

"The second student ate 3/5 of the candies and the remaining 0.3 lb."

The second student ate (3/5)x and 0.3 lb which is 0.6x + 0.3.

Altogether the 2 students ate 0.15x + 1.2 + 0.6x + 0.3.

That was all the amount of candies, so that sum equals x.

0.15x + 1.2 + 0.6x + 0.3 = x

Now we solve the equation for x to find what the total amount of candies was.

0.75x + 1.5 = x

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x = 6

The total amount of candies was 6 lb.

The first student ate 0.15x + 1.2 = 0.15(6) + 1.2 = 0.9 + 1.2 = 2.1, or 2.1 lb of candies.

The second student ate 0.6x + 0.3 = 0.6(6) + 0.3 = 3.6 + 0.3 = 3.9, or 3.9 lb of candies.

Answer: The first student ate 2.1 lb of candies, and the second student ate 3.9 lb of candies.

7 0
3 years ago
Z − 181 = –170<br> I need to solve for z please.
snow_tiger [21]

Answer:

z−181=−170

Step 1: Add 181 to both sides.

z−181+181= −170+181

z=11

5 0
2 years ago
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