What is the formula for calculating compound interest?

Understanding Compound Interest Compound interest is a powerful financial concept that allows your money to grow over time. Unlike simple interest, which is calculated only on the principal amount, compound interest is calculated on the principal plus any interest that has already been added to the account. This means that you earn interest on your … Read more

By how much does 2 exceed 3?

To determine by how much one number exceeds another, we typically look at their difference, specifically the larger number minus the smaller number. In this case, we are looking at the relationship between the numbers 2 and 3. Here, the larger number is 3, and the smaller number is 2. Therefore, we perform the following … Read more

In triangle ABC, if G is the centroid and the length of the line segment BE is 9, how can we find the lengths of BG and GE?

To delve into this question, let’s start by recalling some fundamental properties of centroids in triangles. The centroid, often denoted by ‘G’, is the point where the three medians of a triangle intersect, and it divides each median into two segments in a 2:1 ratio, with the longer segment being closer to the vertex. Since … Read more