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:
The two numbers are -4 and -5.
Step-by-step explanation:
Answer:
$ 1.725
Step-by-step explanation:
4 Pack of coffee = $ 6.90
1 Pack of coffee = $ 6.90 / 4 = $ 1.725
( The word per means " 1 " )
the answer is -5x :) I'm pretty sure
Answer:
a. 36°
Step-by-step explanation:
The same figure will reappear when rotated 360°/10 = 36° about the center.
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<em>Comment on the question</em>
The question as worded is nonsense. If the figure is rotated at all, there is not enough information to tell what the angle of rotation might be.
