How long will it take the money to triple itself if invested at 9.5% compounded semi-annually? What is the effective rate corresponding to 18% compounded daily using 360 days in one year? How much will be the future worth of money after 12 months if the sum of ₱35,000 is invested today at a simple interest rate of 3% per month? A certain bank advertises 9.25% account that yields 9.58% annually. Find how often the interest is compounded.
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
How long will it take the money to triple itself if invested at 9.5% compounded semi-annually?
What is the effective rate corresponding to 18% compounded daily using 360 days in one year?
How much will be the future worth of money after 12 months if the sum of ₱35,000 is invested today at a simple interest rate of 3% per month?
A certain bank advertises 9.25% account that yields 9.58% annually. Find how often the interest is compounded.
Hi y'all I hope u can help with my assignment because our prof doesn't have a plan to teach and explain how to compute this kind of problems, please help me to understand this lesson, thank you! have a blessed day everyone.
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