The rate of change for function A is 2. It would originally be 2 over one but you can just simplify it down to 2. The rate of change for function B is 3. Which would also originally be 3 over 1.
The slope of the line is -4/3
linear inequality
The solution of a linear inequality is the ordered pair that is a solution to all inequalities in the system and the graph of the linear inequality is the graph of all solutions of the system
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.
