For this case we have the following equation:
P (t) = P (1 + r / n) ^ (n * t)
Where,
P: initial investment
r: interest
n: periods
t: time
she will take on her 45th birthday:
for t = 25:
P (25) = 1000 * (1 + 0.0165 / 4) ^ (4 * 25)
P (25) = 1509.31 $
Answer:
The future value of this investment when she takes her trip is:
P (25) = 1509.31 $
Answer:
a) Micheal's present age = 8 years old
b) The sum of their ages in 6 years time = 63 years.
Step-by-step explanation:
From the above question, we know that
Rui feng is 3 years old
We are told that
• Michael is 5 years old than Rui feng
Micheal's present age is calculated as:
= 5 + Rui feng's age
= 5 + 3 = 8 years
• Vishal is thrice as old as Micheal
Vishal's present age is calculated as
= 3(Micheal age)
= 3(8)
= 24 years.
The sum of their ages in six years time
= ( 3 + 6) +( 8 + 6) + ( 24 + 6)
= 18 + 15 + 30
= 63 years
Therefore, a) Micheal's present age = 8 years old
b) The sum of their ages in 6 years time = 63 years.
-1/3
really? it's that easy dude.
whatever number is next to x, like say, 3x, that number would be the slope, so it would be 3.
hope it helped.
If an employee earns 200 dollars for 14 hours work, that means this person gets approximately 14 dollars and 29 cents per every hour.
Thus, in 35 hours, you can multiply 14.29 by 35 to get about 500 dollars.
In 35 hours, the employee will earn 500 dollars.
The answer is 14/3 or 4 and 2 thirds
