Answer:
As the principal, interest rate, and compound periods increase, so does the future value of an investment. It doesn't matter if you are just putting some money into short-term, low rate savings accounts or CDs or long-term, higher return investments, compound interest will work for your benefit if you allow it.
Step-by-step explanation:
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Answer:
1.5 per hour : 1.2 per hour
Step-by-step explanation:
The computation of the ratio is shown below:
For norma, the one pool would be
= 12 pools ÷ 8 hours
= 1.5 per hour
And for albert, the one pool would be
= 9 pools ÷ 7.5 hours
= 1.2 per hour
So the ratio between them is
1.5 per hour : 1.2 per hour
Answer:
-20/21
Step-by-step explanation: