$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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Answer:
4.5 miles per hour
Step-by-step explanation:
Selma uses a jogging trail that runs through a park near her home. The trail is a loop that is 3/4 of a mile long. On Monday, Selma ran the loop in 1/6 of an hour. What is Selma's unit rate in miles per hour for Monday's run?
Distance = 3/4 of a mile
Time taken on Monday = 1/6 of an hour.
What is Selma's unit rate in miles per hour for Monday's run?
Unit rate in miles per hour for Monday's run = distance ÷ time taken
= 3/4 ÷ 1/6
= 3/4 × 6/1
= (3 * 6) / (4 * 1)
= 18/4
= 4.5 miles per hour
Unit rate in miles per hour for Monday's run = 4.5 miles per hour
Answer:
C
Step-by-step explanation:
The answer is going to be miles per quart. So B is wrong.
12 gallons allows you to travel 192 miles
1 gallon permits 192 / 12 = 16 miles / gallon. (Must be a truck of some kind).
1 gallon permits 16 miles of driving.
4 quarts (in 1 gallon) permits 16 miles of driving.
1 quart gives 16/4 = 4 miles / quart.
The answer is C.
==========================
There is a slightly shorter way
12 gallons contains 12 * 4 quarts = 48 quarts.
48 quarts permit 192 miles
1 quart permits 192/48 = 4 miles
4miles / quart.
The answer is still C
Answer:
12.41 minutes.
Step-by-step explanation:
It is given in the question that a plane can fly 725 miles per hour.
So, the plane goes 725 miles in 1 hour i.e. 60 minutes.
Now, we have to find the time the plane takes to fly 150 miles.
As the plane is flying at a constant rate, so we can use the unitary method to get the required time.
Therefore, the plane will take 
minutes to fly 150 miles. (Answer)
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