Ask question

Ask question

All categories

3 years ago

8

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

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.

You might be interested in

Carrie wished to build a rectangular dog run along theside of her garage. The garage will serve as one side of the fence. If she

Nat2105 [25]

Given:

Carrie has 180 ft of the fencing and wishes the fence to be 4times as long as it is wide.

To Find:

The area in square feet that the fencing encloses.

Answer:

The fence encloses 3600 sq ft.

Step-by-step explanation:

Let x denote the length of the dog run and y denote the width of the dog run.

Given that the garage wall serves as one side of the dog run, we are left with 3 other sides to instal the fence.

Carrie has 180ft of fencing with her, so the sum of the lengths of the 3 sides has to be equal to 180. We can represent this in the form of an equation as

$x+y+y=180\\\\x+2y=180\\\\x=180-2y$

We are also given that Carrie wishes the fence to be 4 times as long as it is wide.

So,

$x=4y$

Replacing this value into the first equation, we have

$4y=180-2y\\\\
6y=180\\\\
y=30$

Therefore,

$x=(4)(30)=120$

Thus, the length of the dog run is 120ft and the width is 30ft.

The area enclosed will be equal to the length multiplied with the width. So,

$(120)(30)=3600$

The fence encloses 3600 sq ft.

4 0

3 years ago

X = A 21.6 B 12.9 C 9.1

Artist 52 [7]

Answer:

B: 12.9

Step-by-step explanation:

If A B and C are the alternatives, the answer is B: 12.9

The reason is that the hypotenuse can't be smaller than one of its sides, that eliminates alternative C.

And also, the hypotenuse can't be bigger than segments AC + BC, since the side AC is bigger and AC measures 10.8, the hypotenuse would have to measure < 21.6

Any questions, comment.

6 0

3 years ago

Read 2 more answers

The number a times 10 to the power of negative 2 is about 8 times greater than b times 10 to the power of negative 3. Find the c

bezimeni [28]

Answer:

c

Step-by-step explanation:

7 0

3 years ago

What is the difference between a smart card and a cash card?

blagie [28]

A. because it's a lower chance of you being robbed and getting your money taken away

3 0

3 years ago

Read 2 more answers

Madison, Natalie, Isabella and Rebecca go shopping. Madison spent 4/5 of her money, Natalie spends 75% of her money,Isabella spe

BartSMP [9]

Answer:

you need common denominater so 10/10 - 9/10 =1/10 thats how much of her money she used.

Step-by-step explanation:

4 0

3 years ago