$394.51 is future value of money after 2 years.
What future value means?
- A current asset's future value (FV), which is based on an estimated rate of growth, is its value at a later time.
- Investors and financial planners use the future value to project how much an investment made now will be worth in the future.
The method that results in more money after 2 years is Peggy's investment.
Which method results in more money in 2 years?
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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Lets say that the first number is x and the second number is y.
from the question we know that:
y=-3x and x+y=-4
from there, you need to replace the y in the second equation with -3x since we know that is what y equals so we can have an equation with only one variable.
x+-3x+-4
Then you solve for x.
-2x=-4
x=2
then you find y with the fact that y=-3x
y=-6
Answer:
40 problems in 100 minutes
Step-by-step explanation:
This is a ratio problem.
You first divide 30 minutes by three to get how many problems she can do in 10 minutes. What you do to one side you do to the other side. So then, you should have 4 problems in 10 minute. Then, you multiply 10 by 10 and 4 by 10 to get 40 problems in 100 minutes.
Answer:
40%
Step-by-step explanation:
She has sold 20 items total.
Refrigerators: 8/20 = 40%
Dishwashers: 1/20 = 5%
Dryers: 11/20 = 55%
So there is a 40% chance she will sell another refrigerator! hope this helps!!
It’s in the 4th quadrant because the x value is 8 (positive ) so its on the right but the y value is -1 (negative) so it’s below the x-axis
