Answer:
$798
Step-by-step explanation:
Jack invested $7100 compounded continuously at an interest rate of 3⅝% which is 0.03625
Formula for future value of continuous compounding is;
FV = PVe^(rt)
Where;
FV is future value
PV is present value
r is interest rate
t is time
After 19 years;
FV = 7100 × e^(0.03625 × 19)
FV = $14137.697
Henry invested $7100 compounded monthly at an interest rate of 3⅜% which is 0.03375.
Formula for FV of monthly compounding is;
FV = PV(1 + i)^(n)
FV = 7100(1 + 0.03375)^(19)
FV = $13339.922
Thus, amount Jack has more than Henry = 14137.697 - 13339.922 = $797.775
Approximating to the nearest dollar gives $798
0.178 as a fraction is <span>89/<span>500 !</span></span>
Hey there! :)
Answer:
2nd choice.
Step-by-step explanation:
Given:
630 = 42f.
Divide both sides by 42 to solve for f:
630/42 = 42f/42
f = $15.
This equation is not an inequality, so a line would not be graphed on the number-line. The proper way to show a single solution would be with a point. Therefore:
The second choice is correct. The number line has a single point at f = 15.
Answer:
1) I believe the answer is D
Explanation: The square root of 7 is approximately 2.64 which then gets divided by 3 which results in approximately 0.88, then you have to factor in that the problem has only one negative sign; therefore, the answer should be Point D.
<span>The main formula of the surface area of a right prism is A = 2 x (w x h + l x w + l x h) , where w=7, l=8, and h=4, so the surface area value is A=2(7x4+8x7+8x4)=2(28+56+32=2x116=232. Besides, the volume of a right prism can be calculated with the formula V= l x w x h =8x 7x 4 = 224. Finally the ratio of the surface area to the volume is A / V= 232 / 224 = 1.04. the true answer is D</span>