The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.
<h3>
How to calculate the value?</h3>
We use the formula:
A=P(1+r/100)^n
where
- A=future value
- P=present value
- r=rate of interest
- n=time period.
Hence future value Javier will be:
=$15000*(1.052)^27
=$58,954.40
For Alex:
58,954.40=P*(1.062)^27
P=58,954.40/(1.062)^27
=$11618.61
Hence difference will be:
=15000 - 11618.61
= $3381.39
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I think the answer to this is A.
Hope this helped.
Answer:
<u>Seniors </u>
Explanation:
The seniors generational cohorts refers to the generation that preceded the generation of baby boomers classified as those individuals who were born between 1946 and 1964.
The seniors generation is habitually complaining, something inherited from their witnessing times of wars and periods of uncertainties and financial distress.
This generation commands respect, special attention and at the same time are more miserly in their spending habits.
Also a common observation being, these individuals are not well familiar and adept with technological advancements such as gadgets, systems and modern day appliances in the sense they require more time to get used to them.
Tech A says that packing a wheel bearing assembly can be done by hand with proper results. Tech B says that packing a wheel bearing assembly with a bearing packer will get the proper results. The two statements are right. This is further explained below.
<h3>What is a wheel bearing?</h3>
Generally, the wheel bearing is simply defined as an important component of a vehicle's braking, steering, and suspension systems.
In conclusion, The one-piece hub assembly is located between the drive axle and the brake disc.
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Answer:
It may be more expensive and time-consuming than using an intermediary
Explanation:
Direct selling makes it hard to reach new customers and also entails spending an extensive time in trying to convince prospective customers before sales is made. Sadly, in some situations, some prospects do not buy in on the intended product and thus, no sale is made and time wasted.