Your money grows faster because the interest is added back into the principle and then the next time it compounds you get interest on the new principle amount. So for example, you deposit $100 in an account that gets 5% interest compounded semiannually. The first time it compounds you get $5 added to your account so your new balance is $105. The next time it compounds you get 5% on $105 so you get $5.25 added and so on. If this is only happening semi-annually that would be all you get for the year. But if it happens quarterly you would get would get deposits of $5.51 and $5.79 as well. If it compounds monthly or even daily your money would grow more and more. Hope this helps.
Answer:
Hi there!
Your answer is:
B. Identity property
Step-by-step explanation:
The multiplicative identity property of 1, any number multiplied by 1, gives the same result as the number itself. It is also called the Identity property of multiplication, because the identity of the number remains the same
Hope this helps!
Answer:
5/6
Step-by-step explanation:
1/3 + 1/2 is a simple addition fraction problem.
You'd find the LCM (lowest common denominator) which is 6. First, we'll take 1/3 which the denominator becomes 6. You see one side has been basically multiplied by 2, so you'd do it to both sides, giving us 2/6. Next, we do the same thing with 1/2. 2 -> 6 1 -> 3. 3/6. So finally, we have 3/6 + 2/6, which is 5/6.
In order to have infinitely many solutions with linear equations/functions, the two equations have to be the same;
In accordance, we can say:
(2p + 7q)x = 4x [1]
(p + 8q)y = 5y [2]
2q - p + 1 = 2 [3]
All we have to do is choose two equations and solve them simultaneously (The simplest ones for what I'm doing and hence the ones I'm going to use are [3] and [2]):
Rearrange in terms of p:
p + 8q = 5 [2]
p = 5 - 8q [2]
p + 2 = 2q + 1 [3]
p = 2q - 1 [3]
Now equate rearranged [2] and [3] and solve for q:
5 - 8q = 2q - 1
10q = 6
q = 6/10 = 3/5 = 0.6
Now, substitute q-value into rearranges equations [2] or [3] to get p:
p = 2(3/5) - 1
p = 6/5 - 1
p = 1/5 = 0.2
