Answer:
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.
Step-by-step explanation:
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Answer:
$0.50 per pound
Step-by-step explanation:
To find cost per pound, divide cost by the corresponding number of pounds.
$3.50/(7 lb) = $0.50/lb
The unit rate for bananas is $0.50 per pound.
Answer:
the mean = 9, and the mean deviation = 3.75
Hope this helps! :)
