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Rus_ich [418]
3 years ago
5

Peter invests $1000 at 4% compounded annually for 10 years and Jose invests $900 compounded annually at 5% for 11 years. Who end

s up with more money? And how much more money?
Mathematics
1 answer:
Nesterboy [21]3 years ago
6 0

Answer:

Jose ends up with more money with $59 more than Peter.

Step-by-step explanation:

To determine the amount they will have, you have to use the formula to calculate the future value:

FV=PV(1+r)^n

FV= future value

PV= present value

r= rate of interest

n= number of periods of time

-Peter:

FV=1,000*(1+0.04)^10

FV=1,000*1.48

FV=1,480

-Jose:

FV=900*(1+0.05)^11

FV=900*1.71

FV=1,539

Difference: $1,539-$1,480=$59

According to this, the answer is that Jose ends up with more money with $59 more than Peter.

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A bus is going to a museum 135 miles away. The bus will travel at 30 miles per hour. How long will it take the bus to get
TEA [102]

Answer:

4.5 hours

Step-by-step explanation:

distance equals rate times time, a relationship that can be solved for time:

time = distance / rate

Here the time is (135 miles) / (30 mph) = 4.5 hours

The bus requires 4.5 hours to get to the museum.

7 0
2 years ago
Tabitha ate 1/4 of a sub and jordan ate 2/3 of the sub. how much of the sub was left over?​
sergejj [24]

Answer:

1/12

Step-by-step explanation:

Total sub consumed = ¼ + ⅔

= [3(1) + 4(2)]/12 (LCM is 12)

= 11/12

Left = 1 - 11/12 = 1/12

8 0
3 years ago
What is the equation of the axis of symmetry of the graph of y+3x_6=-3(x_2)+4
agasfer [191]
Aos= -b/2a so plunin your numbers and you'll get the AOS so you can find the vertex
7 0
3 years ago
Select all the examples of categorical data. colors number of siblings favorite pet profits genre of music
bulgar [2K]

Answer:

Color, favorite pet, genre of music

Step-by-step explanation:

Categorical variables are simply statistical variables which are non - numeric, usually employed in characterization and groupings based on a certain number of fixed attributes, categories. In the options atated above, the categorical variables fall under a heading with a limited and fixed attributes such as color, pet and genre of music. However, options such as number of siblings and profit are purely numeric variables which can take up any numeric digits and allow for direct numeric computation. They are called quantitative variables.

3 0
3 years ago
If Sue worked 28 hours this week and made $172 in tips, how much did her weekly pay
sergejj [24]
Do 178 times 28 which equals 4,984 then you do 4,984 decided by 7 which equals 712 because there are 7 days a week. So the answer is 712.
6 0
2 years ago
Read 2 more answers
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