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:
I attached a picture below of what the lines of symmetry are.
According to my calculations the answer is 19.5 or 19.50 you can pick either one but your teacher will probably want the first.
Answer:
Since there is no value of x that will ever make this a true statement, the solution to the equation above is “no solution”. Be careful that you do not confuse the solution x = 0 with “no solution”. The solution x = 0 means that the value 0 satisfies the equation, so there is a solution.
Step-by-step explanation: