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liraira [26]
3 years ago
5

With compound interest, what happens when you start compounding more and more frequently?

Mathematics
1 answer:
tiny-mole [99]3 years ago
5 0

Answer:

The further compounding cycles in a given year, the greater the effect on the valuation of potential investment. Therefore, the more interest-posting dates, irrespective of the interest rate, the more compounding raises the account balance.

Step-by-step explanation:

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48.7%

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Step-by-step explanation:


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Find the 32nd term of this sequence: <br> 9,4,-1,-6,-11,....
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Evaluate 1.80/Y for y= 0.009 express your answer is in simplest form.
igomit [66]

Evaluate 1.80/Y for y= 0.009

We replace 0.009 for y

So fraction becomes \frac{1.80}{0.009}

Now , to simplify the fraction we try to remove the decimal from denominator

0.009 have three digits after the decimal point, so we multiply by 1000 to remove the decimal point. Multiply top and bottom by 1000 to make equivalent fraction.

\frac{1.80*1000}{0.009*1000}

\frac{1800}{9} = 200

Answer is 200

3 0
3 years ago
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