Answer:
the rate compounded semi-annually is compounded twice in a year. thus, this rate is higher than the rate compounded annually which is compounded once in a year
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
For example, there are two banks
Bank A offers 10% rate with semi-annual compounding
Bank B offers 10% rate with annual compounding.
If you deposit $100, the amount you would have after 2 years in each bank is
A = 100x (1 + 0.1/2)^4 = 121.55
B = 100 x (1 + 0.1)^2 = 121
The interest in bank a is 0.55 higher than that in bank B
Answer:
The federal government's "enumerated powers" are listed in Article I, Section 8 of the Constitution. Among other things, they include: the power to levy taxes, regulate commerce, create federal courts (underneath the Supreme Court), set up and maintain a military, and declare war. It is their job to carry out constitutional responsibilities for society.
Step-by-step explanation:
Answer:$25 because if u times 100 and 0.25 u get 25
Step-by-step explanation:
X² + 11x + 28 + x² + 13x + 40
combine like terms
x² + x² = 2x²
11x + 13x = 24x
28 + 40 = 68
2x² + 24x + 68 is your answer
if you want it simplified:
2(x² + 12x + 34)
hope this helps
