Compounding interest is interest on top of interest.
For example, say you put 100 bucks in the bank.
You get 10% interest compounded daily on that 100 bucks.
That means that you get 10% interest not only on those 100 bucks, but all the money you make after.
So your interest would go from 10% on 100 bucks, to 10% on 110 bucks and so forth.
I hope this helps and please press that ❤ under my reply, it really helps!
Answer:
<h2>
All the best :)</h2>
Explanation:
1: Make Sure You're Fit to be a Firefighter.
2: Meet the Requirements & Take the Tests.
3: Prepare for a Firefighting Career: Education Options.
4: Become Trained as an EMT.
5: Receive Firefighter Training at a Fire Academy.
6: Apply to Your Firefighting Dream Jobs.
The job of the Federal Reserve System is to control the supply of money in the United States. Although it might seem like the Federal Reserve System prints the money as well, but this is in fact not true. The U.S. Treasury prints paper and coin currency and the Federal Reserve System distributes the money globally.
Answer:
6.75%
Explanation:
Data provided in the question:
Beta of the stock = 1.12
Expected return = 10.8% = 0.108
Return of risk free asset = 2.7% = 0.027
Now,
Since it is equally invested in two assets
Therefore,
both will have equal weight =
= 0.5
Thus,
Expected return on a portfolio = ∑(Weight × Return)
= [ 0.5 × 10.8% ] + [ 0.5 × 2.7% ]
= 5.4% + 1.35%
= 6.75%
If the standard deviation is 20.98%. The range you should expect to see with a 95 percent probability is: -31.02 percent to +52.9 percent.
<h3>Expected range of return </h3>
Expected range of return = 10.94 percent ± 2(20.98 percent)
Expected range of return =[10.94 percent- 2(20.98 percent)]; [10.94 percent + 2(20.98 percent)]
Expected range of return =(10.94 percent- 41.96 percent); (10.94 percent + 41.96 percent
Expected range of return = -31.02 percent to +52.9 percent
Inconclusion the range of returns is: -31.02 percent to +52.9 percent.
Learn more about expected range of return here:brainly.com/question/25821437