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
Step-by-step explanation:
Supplementary angles add up to 180 degrees
Let x represent the smaller angle:
x + (x + 81.2) = 180
2x + 81.2 = 180
2x = 98.8
x = 49.4 degrees
therefore:
smaller angle = 49.4 degrees
larger angle = 49.4 + 81.2
= 130.86 degrees
System of Equations:
{-2x+2
{-1/3x-3
I used y=mx+b to find the equations
Step-by-step explanation:
step 1. The correct question is "solve the system of equations."
step 2. when you graph these equations they are parallel since they have the same slope.
step 3. There is no solution to the system when the lines are parallel ( they dont cross).
You need to figure out how many hours does he need to read one book.
8.5 / 4 = 2.125
Hope this helps! (: