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:
2?
Step-by-step explanation: because he can hop them one step at a time or two steps at a time
Answer:
35 students in the class.
Step-by-step explanation:
If there are 5 students in the class, then 2 of them would wear glasses and 3 of them wouldn't. (Equation 1)
Now, there are 14 students how are wearing glasses.
We just times the whole Equation 1 by 7.
If there are 5 x 7 = 35 students in the class, then 2 x 7 = 14 of them would wear glasses and 3 x 7 = 21 of them wouldn't.
So, there are 35 students.
Answer:
it is the second statement x⇒∞ Y⇒ ∞
Step-by-step explanation:
