psic21mar
psic21mar psic21mar
  • 04-02-2020
  • Social Studies
contestada

With compound interest, what happens when you start compounding more and more frequently?
​

Respuesta :

beingteenowfmao
beingteenowfmao beingteenowfmao
  • 04-02-2020

Answer:

Your money grows faster because the interest is added back into the principle and then the next time it compounds you get interest on the new principle amount.

Answer Link

Otras preguntas

Lauren bought 20 ounces of sliced ham. she used 3/4 of the ham to make sandwiches for her friends and 1/5 of the ham in an omelet. how many ounces of ham were l
What is the value of 6P6?  A.1  B.36  C.720  D.46,656
Which shows 5.45 written as a mixed number?
2/5+4/7 estimate: decide if each addend is closer to 0 or closer to 1. then estimate the sum or difference. this is a fraction question.
Indicate which pattern of evolution is shown by the many species of finches on the Galápagos Islands.
Okay so I have three tests tomorrow. Haven't even started studying for two of them (Literature and History) but I already know science. How do you all learn 40
In Latin America, what did land reform accomplish?
What is a sound wave?
reduce 15 1/4 +1 1/2 +3/20 to lowest term.
If 6x −3 = −5x +7, then x =? Can someone explain this one?