Answer:
To determine the compound interest of a certain investment, the following formula should be used:
X = Initial value (1 + interest rate / number of compositions) ^ years x number of compositions
Thus, in the assumption of an investment of $ 1,000 with interest compounded daily at 3% for 8 years, the formula would be the following:
X = 1,000 x (1 + 3/365) ^ (8x365)
X = 1,271.24
On the other hand, in the case of an investment of $ 1,000 with compound interest every 6 months at 3% for 8 years, the formula would apply as follows:
X = 1,000 x (1 + 3/2) ^ (8x2)
X = 1,268.99
Step-by-step explanation:
When you multiply both sides by a negative value you make the side that is greater have a "bigger" negative number, which actually means it is now less than the other side! This is why you must flip the sign whenever you multiply by a negative number.
9.7*3.3=32.01
32 is the rounded product
Answer:
D
Step-by-step explanation:
because its the only one that get the answer 3 2/3 which is the amount shown on the line.
<h2><u>
PLEASE MARK BRAINLIEST!</u></h2>
Answer:
40%
Step-by-step explanation:
6 apples out of 15 fruits = 
is equivalent to 
is equivalent to 40%
<em>So your answer is 40%</em>
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I hope this helps!
- sincerelynini