Answer:
$0.025x² . . . where x is a number of percentage points
Step-by-step explanation:
The multiplier for semi-annual compounding will be ...
(1 + x/2)² = 1 + x + x²/4
The multiplier for annual compounding will be ...
1 + x
The multiplier for semiannual compounding is greater by ...
(1 + x + x²/4) - (1 + x) = x²/4
Maria's interest will be greater by $1000×(x²/4) = $250x², where x is a decimal fraction.
If x is a percent value, as in x = 6 when x percent = 6%, then the difference amount is ...
$250·(x/100)² = $0.025x² . . . where x is a number of percentage points
_____
<u>Example</u>:
For x percent = 6%, the difference in interest earned on $1000 for one year is $0.025×6² = $0.90.
This is the answer to your question. I hope this helps!
Answer:
$22
Step-by-step explanation:
Money raised = $506.
People on trip = 23
Money per person = $506/23
Money per person = $22
Answer
I not sure but what i would say is b. or if not c.
Step-by-step explanation:
Answer:
Savings
Step-by-step explanation:
I do my own banking that's why I know this
