SOLUTION
In this question, we are meant to expand the expression:
Answer:
great
Step-by-step explanation:
Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
Let car b be travelling at x mph. as they are travelling towards each other their speed of approach is (x + x + 15 ) mph. So we have the equation
speed = distance / time
2x + 15 = 250 / 2
2x = 125 - 15 = 110
x = 55 mph
Car b travels at 55 mph and car a travels at 70 mph Answer
