Do this every day
1x1=
2x1
3x1
4x1
5x1
6x1
AND SO ON JUST DO TABLE BY TABLE
Answer:
the rate compounded semi-annually is compounded twice in a year. thus, this rate is higher than the rate compounded annually which is compounded once in a year
Step-by-step explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
For example, there are two banks
Bank A offers 10% rate with semi-annual compounding
Bank B offers 10% rate with annual compounding.
If you deposit $100, the amount you would have after 2 years in each bank is
A = 100x (1 + 0.1/2)^4 = 121.55
B = 100 x (1 + 0.1)^2 = 121
The interest in bank a is 0.55 higher than that in bank B
Answer:
the answer is A
Step-by-step explanation:
They are always on a coplanar
Answer: x=3
Step-by-step explanation:
To solve this problem you must apply the proccedure shown below:
- Multiply both sides of the equation by 3:
- Now you must make the equation equal to zero as following:
- Factor it, as you can see below. Therefore, you obtain the following result:
