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.
A) time = distance/speed
For the first half of the trip, the time used was
.. (1 mi)/(12 mi/h) = (1/12) h = 5 minutes
Then the last half of the trip took 10 minutes, 1/6 hour.
.. speed = distance/time
.. = (1 mi)/(1/6 h) = 6 mi/h
The speed for the last half of the trip was 6 mph.
b) The average speed was
.. (2 mi)/(1/4 h) = 8 mi/h
Ling's average speed was 8 mph.
Answer:
Arithmetic.
Step-by-step explanation:
Geometric sequences have common ratios. Arithmetic sequences have common differences.
Answer:
3: 200, 200
4:800
5:400
Step-by-step explanation:
:)