0
Still curious? Ask our experts.
Chat with our AI personalities
Maxine
Blake
FranAdd your answer:
Earn +20 pts
Why you need exponents in our real life?
it deals with bank accounts and interest (compounding interest)
What approximate interest rate would an investor need to earn in order to double the value of an investment in six years?
Simple interest: 100/6 ie 16.67%
What is the value on a 1970 Brazilian 100000000 LTN bond?
The value of a 1970 Brazilian 100000000 LTN (Letra do Tesouro Nacional) bond would depend on various factors such as the current market interest rates, the bond's maturity date, and any accrued interest. LTN bonds are fixed-rate securities issued by the Brazilian government, and their value can fluctuate based on changes in interest rates and market conditions. To determine the exact value of the bond, one would need to consider these factors and possibly consult financial experts or resources.
Is physics suitable for people who are good with math?
maybe. You also need a knowledge / interest in science.
Determine the per annum interest rate r required for an investment with continuous compound interest to yield an effective rate of 4.25 percent Express your answer as a percent?
We still need to know how often the interest is compounded ... Weekly ? Daily ? Hourly ? What does "continuous" mean ?
