Answer:
In the present, Jeremiah would be 29 and Raymond, 37. As such, in 15 years, both of them would be 44 and 52 respectively, thus meaning their ages would equal 96.
Step-by-step explanation:
29 + 37 = 66
29 + 15 = 44
37 + 15 = 52
44 + 52 = 96
Answer:
The answer is in these pics.
Step-by-step explanation:
Take a look at this
Answer:
You would receive $510.08 in return.
Step-by-step explanation:
In order to find the answer, you can use the formula to calculate the future value:
FV=PV*(1+i)^n
FV=future value
PV= present value= 500
i= interest rate=0.03/12=0.0025 per month
n= number of periods of time= 8
Now, you can replace the values in the formula:
FV=500*(1+0.0025)^8
FV=500*(1.0025)^8
FV=510.08
According to this, the answer is that you would receive $510.08 in return.
