Answer:
THE ANSWER IS THREE sorry cap lock
Step-by-step explanation:
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.
D 100% corect took my test $$$$$$$$$$$$$$
1 second = 5.8x10^6 mg
60 seconds = 5.8x10^6 x 60 = 3.48x10^8 mg
(i.e 3.48x10^8 mg/minute)
1000 mg = 1 g
3.48x10^8 mg = 3.48x10^8/1000 = 3.48x10^5 g
Therefore, 5.8x10^6 mg/s = 3.48x10^5 g/min
