Parallel is MN and QP and perpendicular is MQ and OP
Answer:
the answer is 2>am sorry if wrong
(D.) It should be a bit less than 6 quarts (5.75 / 5 & 3/4 to be exact)
Answer:
FV= $634.12
Step-by-step explanation:
Giving the following formula:
Initial investment (PV)= $500
Number of periods (n)= 3*4= 12 quarters
Interest rate (i)= 0.08/4= 0.02
<u>To calculate the future value, we need to use the following formula:</u>
<u></u>
FV= PV* (1 + i)^n
FV= 500*(1.02^12)
FV= $634.12
Since
represents the number of years passed since 2005, in 2005 we have
, and in 2015 we have
. Let
represent the profits of Jones and Davis, respectively, at year y.
We have


Choosing the best company somehow depends on how much time you can wait: Jones start with a higher value (10 vs 8), but it has a descending trend, because the multiplicative factor
goes to zero as t grows.
On the other hand, Davis starts with a smaller value, but
tends to infinity as t grows.
So, if you need an immediate result, the most valuable company is Jones, otherwise you're certain can Davis will eventually become bigger.
More precisely, we have

So, after 11 years, Davis will overcome Jones.