If the interest rate is 10%, what is the present value of a security that pays you $1,100 next year, $1,210 the year after, and
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Answer:
The difference between the distances they walked is 600 meters.
Step-by-step explanation:
Let's calculate the distance traveled by Nichol and Sakura with the following equation:
Where:
v: is the speed
t: is the time
The distance traveled by Nichol is:
And the distance traveled by Sakura is:
Hence, the difference between the distances they walked is:
Sakura traveled 600 meters more than Nichol.
Therefore, the difference between the distances they walked is 600 meters.
I hope it helps you!