Abbie is in high school and saves money from her afterschool job to buy a car after she graduates from college. She wants a new car but knows it will cost more than $20,000. By her freshman year, she has saved $12,000. Which of the following would most help her have the most money by graduation?
The correct answer is letter B: A compound interest account.
If you’ve got money in a savings account, your money will grow due to compound interest. Interest is money the bank paid to you as a reward it is a percentage and generally expressed per annum (interest is proportional to the amount of money you have deposited).
Compound interest is a rate that is applied to the principal and any prior interest earned (that's to say interest on interest). So over a period of time, it is very profitable.
Sail power required wind to propel the ships. So no wind, no movement. They should have had some big oars to help them out of the dead zone.
Answer:
Lincoln's address starts with “Four score and seven years ago.” A score is equal to 20 years, so he was referencing 87 years ago — 1776, when the Declaration of Independence was signed. The speech was made, then, seven score and seven years ago.
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Pythagoras study perfect intervals.
