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.
So there is an identity we'll need to use to solve this:
cos(x+y) = cosxcosy - sinxsiny
replace the numerator with the right hand side of that identity and we get:
(cosxcosy - sinxsiny)/cosxsiny
Separate the numerator into 2 fractions and we get:
cosxcosycosxsiny- sinxsiny/cosxsiny
the cosx's cancel on the left fraction, the siny's cancel on the right fraction and we're left with:
cosy/siny - sinx/cosx
which simplifies to:
coty - tanx
Answer:
1/3
Step-by-step explanation:
Yes, three is greater than -2
Answer:
x>4
Step-by-step explanation:
4 is less then x because, x is continuous.
