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Mademuasel [1]
3 years ago
13

How can investors receive compounding returns

Computers and Technology
1 answer:
ANTONII [103]3 years ago
3 0
If you’ve ever had a savings account, you likely know that a few cents in interest every month barely adds up. The goal is “compounding returns,” which simply means that the interest you earn each month earns additional interest, which then earns even more interest. But although a savings account will help with that, you may be lucky enough to be able to afford a cup of coffee every 10 years or so at that rate. Instead, it’s important to find a way to invest your money in a high-interest account that will earn compounding returns.

I hope this helps you out ;)
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Answer:

Step 1 : Start

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Step3 : Input second number, num2

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Step6 : comparison - - - > correct or incorrect based on myanswer and product

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Explanation:

Algorithm is a sequence of instructions a computer is expected to follow to solve a particular problem.

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Algorithm :

Step 1 : Start

Step2 : Input first number, num1

Step3 : Input second number, num2

Step4 : product - - > num1 * num2 (product of num1 and num2)

Step5 : Input product, myanswer

Step6 : comparison - - - > correct or incorrect based on myanswer and product

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The two numbers to multiply are entered ; the product is calculated by the program ; the the user inputs his or her own expecteted product ;

Both are compared and the output of the comparison is displayed (either correct oe incorrect)

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