What is the principal in the1p following word problem?"Calculate the compound interest if you deposit $15000 at a rate of8% for 10 years when it is compounded monthly." 相关知识点: 试题来源: 解析 ansWer:12000 analysis:Interest = principal × interest rate × deposit period and principle is...
Answer to: Explain how to determine whether a word problem is using compound interest or simple interest. What formula should be used in each...
compound word:复合词本身,即由两个或更多个单词组成的词。 compound sentence:复合句,由两个或更多个独立子句通过连词或标点符号连接而成的句子。 compound eye:(昆虫的)复眼,由许多小眼组成的眼睛结构。 compound interest:复利,利息上再产生的利息。 形容词类复合词 compound adjective:复合形容词,由两个或更多个...
When a bank offers compound interest, it figures the interest for each period based on the account's previous balance plus the interest gained in the last period. Review simple interest, compare it to compound interest, and study compound interest's definition, formula, and examples. ...
Free Essay: I can plug the numbers from the given information above into Stitz and Zeager’s (2011, p. 470) compound interest equation: A(t) = P [1+(r/n)]nt A...
From Longman Business Dictionaryˌcompound ˈinterest[uncountable]interest calculated on both a sum of money lent and on the unpaid interest already earned or charged on that money→comparesimple interest→interest Pictures of the day What are these?
compound interestSUBST compoundinterest intérêtmcomposé solid compoundSUBSTLING solidcompound composémenunseulmot volatile organic compoundSUBSTCHIM volatileorganiccompound composéforganiquevolatil Autres traductions et expressions typiques avec les termes de votre recherche ...
Example: When we loan someone $1,000 at 10% interest, we know that our $1,000 loan will increase in value in the future. Present Value = PV. The second is called Future Value (未来价值) and is the value that the item will have in the future. Future Value = FV. Interest (利) ...
calculate principal and interest an enclosure of residences and other building (especially in the Orient) a whole formed by a union of two or more elements or parts (chemistry) a substance formed by chemical union of two or more elements or ingredients in definite proportion by weight同义词:che...
Compound Interest If the interest gained after a period of time is not withdrawn and added to the principal, the principal will then increase at the end of each deposit period. The interest obtained in this way is called the compound interest. … P1 A2 = P2+ I2 A1 = P1+ I1 after th...