Match the correct equation for the variable n with * for number of times compound interest is figured. quarterly d.___ semi-annu
ally a.___ monthly b.___ annually c.____
I have to put the correct answer on the lines and they gave me a. N =2 b. N= 12
C. N=1 and D. N=4
1 answer:
Answer:
quarterly N = 4
semi-annually N = 2
Monthly N = 12
annually N = 1
Step-by-step explanation:
Given the following compound interest times :
N = number of times interest is compounded per period :
A period is regarded as a whole year.
Interest compounded;
QUARTERLY = Every 4 months per period = 12/3= 4
SEMI ANNUALLY = Every 6 months per period = 12/6 = 2
MONTHLY = Every month = 12 / 1 = 12
ANNUALLY = Every 12 months = 12 /12 = 1
You might be interested in
<span>seven hundred and seventy thousand and seventy is the word form of 770,070</span>
Start with -3x + 2 = -7
Subtract 2 from each side
-3x = -9
Divide each side by -3
x = 3
Answer:
The solution (25, 20) tells the contractor the number of hours on a job where the hourly rate is the same for both billing options.
Step-by-step explanation:
Which question I’ll answer in the comments
Answer:
option C
Step-by-step explanation:
