Part 1: <span>What is the periodic interest rate of jade investment?
Each compounding period is done semi-annually, which means twice a year. Since the given interest rate is annual, then 5.2% divided by half should yield the period interest rate, which is 2.6%
Part 2: </span><span>How many compounding periods does Jade's investment offer in a year? how about in 8 years?
In 1 year, there are 2 compounding periods. In 2 years, there are 16 compounding periods.</span>
Answer:
300,000 8,000 800 i think sorry if i got it wrong
Step-by-step explanation:
The slope is 3
do you need the steps?
Answer:
y=4/3x-6
Step-by-step explanation:
y=mx+b
m= 4/3
b= -6
