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.
Answer:
12.81%
Step-by-step explanation:
2600-5500=20500
20500/16=1281.25
1281.25/100= 12.8125
rounded 12.81%
Answer:
Step-by-step explanation:
y + 6 = -2/3(x + 1)
y + 6= -2/3x - 2/3
y + 18/3 = -2/3x - 2/3
y = -2/3x - 20/3
You can see the trapezoid in the attached picture.
The data given in the problem are:
KF = 10
LK // MF
A(KLMF) = A(FMN)
We know that KLMF is a parallelogram because:
LM // KF (bases of the trapezoid)
LK // MF (hypothesis).
The area of a parallelogram is given by the formula:
A(KLMF) = b × h
= KF <span>× h</span>
= 10 × h
The area of a triangle is given by the formula:
<span>A(FMN) = (b × h) / 2
= (FN </span>× h) / 2
The problem states that the two areas are congruent, therefore:
A(KLMF) = <span>A(FMN)
</span>10 × h = FN <span>× h / 2
10 = FN </span><span>/ 2
FN = 20
Therefore we can calculate:
KN = KF + FN = 10 + 20 = 30
Hence, KN is
30 units long.</span>