0
What else can I help you with?
How much will a 1 dollar deposit be worth after 48 years if the interest rate paid by the bank is 6 percent?
At simple interest, it would be $3.88 (6 cents per year for 48 years = 2.88). At compound interest, credited annually, it would be $16.39 (rounded). At compound interest, credited quarterly, it would be $17.44 (rounded). Compounding means that once credited, the interest becomes part of the principal for the next interest period.
The term and in a compound inequality means that the solution will be .?
toast! "DING"
Is br2 an element or compound?
Br2 is a compound. It is a molecule made up of two atoms of the element bromine bonded together. In its natural state, bromine exists as Br2 molecules, which means it is a compound and not an individual element.
Is other than a preposition?
Yes, it is a compound preposition. It means "with the exception of."
Subordination of individual interest to general interest?
this means that the organizations objectives should prevail over the interests of a single employee or a group of them.
What is meant by the term compound interest?
Compound interest means that the amount of interest earned during a period increases the principal, which is then larger for the next interest period.
Do banks offer compound interest on their savings accounts?
Yes, banks typically offer compound interest on their savings accounts, which means that interest is calculated on both the initial deposit and the accumulated interest.
Why is water the formula for a chemical compound?
Water is a chemical compound because it has 2 hydrogen atoms and 1 oxygen atom. if there is a formula for water it means water is a chemical in other words H2O
What does it mean when a compound formula does not include any numbers?
It means that you have one atom of each element in the formula
Was oxygen formed as a compound?
Yes, this is because the formula for oxygen gas is O2 which means it consist of two Oxygen (compound).
Formula for ionic compound of zinc?
Zinc carbonate is an ionic compound with the formula ZnCO3.
Is phosphorous a element mixture or compound?
A compound. H3PO4 is the formula for phosphoric acid. It is a compound of three separate elements. It is a compound, not a mixture since it cannot be separated by physical means.
Why compound interest better than simple interest?
Compound interest is better than simple interest because it allows your investment to grow at an accelerating rate over time. While simple interest is calculated only on the initial principal, compound interest is calculated on both the principal and any accumulated interest, leading to exponential growth. This means that the longer your money is invested, the more significant the difference becomes, maximizing returns on your investment. Ultimately, compound interest enables you to earn "interest on interest," significantly enhancing your financial growth.
What does it means when a compounds chemical formula does not include any numbers?
It means that you have one atom of each element in the formula
Is simple interest a fixed percentage of the principal paid over a specific period of time?
Yes, simple interest is calculated as a fixed percentage of the principal amount over a specific period of time. It is determined using the formula: Interest = Principal × Rate × Time. This means that the interest earned or paid remains constant throughout the duration of the investment or loan, as it does not compound.
How do you solve interest when it is not compound?
This is called Simple Interest. The formula is A= P(1+rt) where P is the Principal, r is the Rate and t the time in years. eg $1000 at 4% over 5 years A=1000 (1+0.04*5) where * means multiply = 1000 (1.20) = $1200
What is the formula for a compound containing aluminum atoms and also three times as many chlorine atoms as there are aluminum atoms?
The formula would be AlCl3, which is aluminum chloride.
