Question

Please Help

Answer 1

If you give me the question i will :P

Answer 2

Ok, teacher, I get that when I have bacteria growing at 6% per day, the
formula I use is \[1.06^x\]
. And I get that if I want to figure out the bacteria
growth in 2 hours, I use 1.062/24, because two hours is 2/24ths of a day.
What I don't get is why I can't use the same idea for money. If I have
money growing at 6% per year, I can use\[1.06^x\]
, but if it's compounded
monthly, I can't just put in 1.062/12 to figure out two months. I have to use(1+.06/12)^12*2/12
!!. Why is it different and how do I know when to use which?

Answer 3

That is my question