Answer:
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.
Answer:
(6, 2)
Step-by-step explanation:
i hope this helps :)
When you have four dollars in your bank account but then you use four dollars. You have zero dollars left
Answer:
True
Step-by-step explanation:
Point estimation of a population parameter provides an estimate of a single value calculated from the sample that is likely to be close to its value to the unknown parameter. Itis to be noted that a point estimate will not in general be equal to the population parameter as the random sample used is one of the many possible samples which could be chosen from the population.
For example, in estimation, we may estimate the mean and the variance of a population by computing the mean and the variance of the sample drawn from a population.
