Answer:
20.4
Step-by-step explanation:
see image
Answer:
Step-by-step explanation:
You cannot solve the problem because it doesn't have an equal sign, but I suppose you can simplify it. Look at this screenshot, it may help:
It would be 1,800 because when you round 34 it becomes 30 and when you round 57 becomes 60 and 30 x 60 = 1,800. This helps me round remember "4 or less let it rest, 5 or more raise the score" hope that makes rounding easier!!
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.
Answer:
Step-by-step explanation:
Owing represent a negative balance.
<u>So the inequality for this case is:</u>
