Answer:
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Step-by-step explanation:
0.012,0.12,1.2,12
Answer:
Step-by-step explanation:
8x+10 - 4x+16 = 4x-6
w= 2x-3
The method that results in more money after 2 years is Peggy's investment.
<h3>Which method results in more money in 2 years?</h3>
The formula for calculating the future value of an investment:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value
- R = interest rate
- m = number of compounding
- N = number of years
Future value of Larry's investment: $350 x [1 + (0.04/4)]^(4 x 2) = $379
Future value of Peggy's investment: $350 x [1 + (0.06/12)]^(12 x 2) = $394.51
To learn more about future value, please check: brainly.com/question/18760477
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