Answer:
If you multiply any irrational number by the rational number zero, the result will be zero, which is rational. Any other situation, however, of a rational times an irrational will be irrational.
74 is what percent of 95?
74 is P% of 95
Equation: Y = P% * X
Solving our equation for P
P% = Y/X
P% = 74/95
p = 0.7789
Convert decimal to percent:
<span>P% = 0.7789 * 100 = 77.89%
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Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
Step-by-step explanation:
Giving the following information:
Joshua:
Initial investment (PV)= $750
Interest rate (i)= 0.0341/4= 0.008525
Number of periods (n)= 18*4= 72 quarters
Josiah:
Initial investment (PV)= $750
Interest rate (i)= 0.0285
Number of periods (n)= 18 years
To calculate the future value of each one, we need to use the following formula:
FV= PV*(1 + i)^n
Joshua:
FV= 750*(1.008525^72)
FV= $1,381.98
Josiah:
FV= 750*(1.0285^18)
FV= $1,169.74
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.