The method that results in more money after 2 years is Peggy's investment.
<h3>Which method results in more money in 2 years?</h3>
The formula for calculating the future value of an investment:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value
- R = interest rate
- m = number of compounding
- N = number of years
Future value of Larry's investment: $350 x [1 + (0.04/4)]^(4 x 2) = $379
Future value of Peggy's investment: $350 x [1 + (0.06/12)]^(12 x 2) = $394.51
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The answer is cAnswer:
Step-by-step explanation:
Answer:
B
Step-by-step explanation:
From the given information:
Sienna has $8 denotes the unit blocks of x tiles. So, she saved $3 per week.
This implies that:
8x + 3(1) = 8x + 3
Also,
If Jacob as well had $6 which implies 6x unit block of tiles while he saved $4;
i.e.
6(x) + 4(1) = 6x + 4
So;
the model that can determine when Sienna will have the same amount as Jacob is:
8x + 3 = 6x + 4
She will have to buy 8 jars for her to make a profit of $214
<h3>How to calculate the profit percent</h3>
If Alissa buys 6 jars of honey for $65, then;
- Cost price = 6(65) = $390
If she sells 5 jars for $72, the selling price will be:
Selling price = 5(72) = $360
If she is to make a profit od $214
Profit = selling price - Cost price
214 = n(72) - 390
72n = 214 + 390
72n = 604
n = 8
Hence she will have to buy 8 jars for her to make a profit of $214
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The value of the expression, 5x^2 - 4, when x = 2 is: 16.
<h3>What is the the Value of an Expression?</h3>
To find the value of an expression, plug in the given value of the variable and solve by simplifying.
Given the expression, 5x^2 - 4, when x = 2, we would have:
5(2)^2 - 4
5(4) - 4
20 - 4
= 16
Therefore, the value of the expression, 5x^2 - 4, when x = 2 is: 16.
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