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blagie [28]
3 years ago
15

What is compound interest?​

Mathematics
1 answer:
kakasveta [241]3 years ago
5 0

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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Lily has two times as much money invested in 8% stocks as she has in bonds paying 6%. How much she has invested in stocks if her
EleoNora [17]

Answer:

Final answer is $4440.

Step-by-step explanation:

Let amount of money invested in 8% stock = x

Let amount of money invested in 6% stock = y

then total money invested $325.6 gives equation

8% of x + 6% of y = 325.6

0.08x + 0.06y = 325.6

8x + 6y = 32560...(i)

other equation will be x=2y...(ii)

plug (ii) into (i)

8x + 6y = 32560

8(2y) + 6y = 32560

16y+ 6y = 32560

22y = 32560

y=\frac{32560}{22}

y=1480

plug y=1480 into (ii)

x=2y=2(1480)=2960

Then total money invested in stocks = x+y= 1480+2960=4440

Hence final answer is $4440.

5 0
3 years ago
Can someone help me this ? Finding an angle measure for a triangle with an extended side
Sedaia [141]

Answer:

x° =121°

Step-by-step explanation:

The inside angles of a triangle together must equal 180°. Therefore, 58° + 63° + n° = 180° if n equals the third angle inside the triangle. So,

180°-(58°+63°)=n°

180° - 121° = n°

59° = n°

Since the outside angle x and 59° must also equal 180°,

180° - 59° = x°

121° = x°

You can also find the exterior angle without finding the interior by adding the two other interior angles together.

58°+63°=x°

121°=x°

3 0
3 years ago
Read 2 more answers
At the school annual walk-a-thon Jessica and Maria each committed to do more laps then last year. Jessica said she would walk th
Anna007 [38]
Maria will do more laps this year, assuming that last year they didn't do one or zero laps. 
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4 years ago
What is 13.75 times 20.5
Law Incorporation [45]
When you multiply 13.75 and 20.5 together, you get 281.875
3 0
3 years ago
Read 2 more answers
Select all the correct answers
kherson [118]

Answer:

12^3,

Step-by-step explanation:

7 0
3 years ago
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