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2 years ago

Why does the value of money in a savings account increase overtime

Mathematics

2 answers:

maria [59]2 years ago

7 0

Answer:

Because it earns interest

Step-by-step explanation:

We save money in the financial institutions like banks and micro-finance institutions. This money increase is known as interest. So the money you save increase in value over the time because it earns interest.

babymother [125]2 years ago

7 0

Answer:

the bank pays you interest

Step-by-step explanation:

The bank is paying you to keep your money and their storage because they give their money to other people so for that they give you like a cent or more a month based on how much money you put in annually

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How to find the circumference of a circle

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The radius is half as long as the diameter, so the diameter can be thought of as 2r. Keeping this in mind, you can write down the formula for finding the circumference of a circle given the radius: C = 2πr. In this formula, "r" represents the radius of the circle. Again, you can plug π into your calculator to get its numeral value, which is a closer approximation of 3.14.

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2 years ago

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Step-by-step explanation:

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2 years ago

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sergiy2304 [10]

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Which is better to buy a 12.5 oz bag of Doritos for $3.79 or a 3 oz bag for $1.00. Write each rate

ioda

$3.79 /12.5 = .3032

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3 years ago

PLEASE ANSWER:Which of the following are examples of exponential growth? Select all that apply Shasta increases the amount she s

Monica [59]

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Why does the value of money in a savings account increase overtime￼

Why does the value of money in a savings account increase overtime