Answer:
To determine the compound interest of a certain investment, the following formula should be used:
X = Initial value (1 + interest rate / number of compositions) ^ years x number of compositions
Thus, in the assumption of an investment of $ 1,000 with interest compounded daily at 3% for 8 years, the formula would be the following:
X = 1,000 x (1 + 3/365) ^ (8x365)
X = 1,271.24
On the other hand, in the case of an investment of $ 1,000 with compound interest every 6 months at 3% for 8 years, the formula would apply as follows:
X = 1,000 x (1 + 3/2) ^ (8x2)
X = 1,268.99
Answer:
375
Step-by-step explanation:
Multiply 3x125=375cu
Answer:
The length of side PS is just the distance from point P to point S.
Point P (-2, 4)
Point S (3, 4)
So the length is the distance from -2 to 3, since the y coordinate is the same for both. The distance from -2 to 3 is 5 units.
So, PS is 5 units long.
Let me know if this helps!
(4/117) = (x/118)
Solve for x BOOM
The answers the problem is 2+2=4