Answer:
E, needs more info to be determined
Step-by-step explanation:
We know that Kai takes 30 minutes round-trip to get to his school.
One way is uphill and the other is downhill.
He travels twice as fast downhill than uphill.
This means that uphill accounts for 20 minutes of the round-trip and downhill accounts for 10 minutes of his trip.
However, even with this information, we do not know how far his school is.
In order to figure out how far away his school is, we would need more information about the speed at which Kai is traveling.
Simply knowing that he travels twice as fast downhill is not enough.
This question could only be solved by knowing how many miles Kai travels uphill or downhill in a given time.
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
The values go up by 2. So your answer would be 20.
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