Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
Step-by-step explanation:
Giving the following information:
Joshua:
Initial investment (PV)= $750
Interest rate (i)= 0.0341/4= 0.008525
Number of periods (n)= 18*4= 72 quarters
Josiah:
Initial investment (PV)= $750
Interest rate (i)= 0.0285
Number of periods (n)= 18 years
To calculate the future value of each one, we need to use the following formula:
FV= PV*(1 + i)^n
Joshua:
FV= 750*(1.008525^72)
FV= $1,381.98
Josiah:
FV= 750*(1.0285^18)
FV= $1,169.74
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
176ft^2 first
141.3ft^2 second
Answer:
1296 ft^3.
Step-by-step explanation:
The ratio of the volumes = 1^3 : 6^3
= 1 : 216.
So volume of the larger figure = 6 * 216
= 1296 ft^3.
Answer:
44 cubic meters
Step-by-step explanation
9 + 4 + 6 = 19
9/19 of the patio will be cement
4/19 of the patio will be gravel
6/19 of the patio will be stones
Work out the amount of gravel - 4/19 * 209 = 44 cubic meters
:)