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.
Answer: $222.73
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Work Shown:
x = pre-GST price
10% of x = 0.10x = tax amount
x + 0.10x = 1.10x = post-GST price = 245
1.10x = 245
x = 245/1.10
x = 222.7272 approximately
x = 222.73 is the price before tax.
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Check:
10% of 222.73 = 0.10*222.73 = 22.273 = 22.27
The tax amount ($22.27) is added to the pre-GST price to get
22.27+222.73 = 245
which matches the post-GST price mentioned.
The answer is confirmed.
Or another way to confirm the answer is to calculate this
1.10*222.73 = 245.003 = 245
Answer:
72 chips
Step-by-step explanation:
6×10=60
60+12=72
Add the like terms so (1)(-10i)
Answer:
A. D=sqrt( (x2-x1)^2+(y2-y1)^2 )
Step-by-step explanation:
The distance between two points is the root of the sum of the squares of the differences in their corresponding coordinates. The equation of choice A is the usual formulation.
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<em>Comment on answer choices</em>
Because the square of a number is the same as the square of its opposite, the formula in choice D is also correct.
