This is a classic example of Scientific Notation.
5.3 x 10^5 actually equals 530,000
3.8 x 10^4 actually equals 38,000
Since it is asking for the sum of the numbers you are adding.
Your new equation look like this:
530,000 + 38,000
= 568,000
now all you have to do is count the decimal points. You start from the end zero and count the spaces in between until you get to the tenths place. (Right behind the first number) There are 5
So your answer will be:
B. 5.68 x 10^5.
Well it would be 4 2/3 or 14/3
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>
