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WHAT does the carrot in the formula for compound interest means?
Wiki User
∙ 13y ago
There is no carrot in the compound interest formula!
Wiki User
∙ 9y ago
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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 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 the simple interest for 1 year on a loan of 2000 at 9 percent interest?
9% means 9/100 = 0.09 0.09 * $2000.00 = $180.00 in simple interest for one year =============================
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.
What does the compound Na2 mean?
Na2 is not a compound. When you see a formula containing Na2, it means the compound contains 2 Sodium ions.
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
What is the formula for tetranitrogen tetroxide?
The prefix "tetra-" means 4, so the formula is N4O4.
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).
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.
What is the formula of organic compound?
the formula for an organic compound is a term which depicts the chemical composition of an organic compound in terms of it's elemental constituents. Ex CH4---means one carbon atom and four hydrogen atom in one molecule of CH4 i.e methane.
What is the compound formula for phosphorus pentabromide?
The prefix tri- means 3 and the prefix tetra- means 4. The prefix is the subscript number for the element in the compound. So the formula for triphosphorus tetrabromide is P3Br4.
Phosphoric acid is element or compound or mixture?
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.
What is the chemical formula for Di silicon octanitride?
The answer to this question is coded in the name of the compound itself: "di" means 2 and "octa" means 8. Therefore, the formula is Si2N8.
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
