Alright, lets get started.
The ages of all four sisters will be = x, x+2, x+4, x+6
As per given in question, two times of youngest sister age exceeds the oldest sister age by 30 means
Simplifying the equation
So this is the age of youngest sister.
So, age of oldest sister will be
Hene the age of oldest sister is 42 years. : Answer
Hope it will help :)
Answer:
The money she will end up earning in interest on the cd = $11,352.90
Step-by-step explanation:
The formula for getting the accumulated amount(compounded) is;
Where
A = Accumulated amount
P = principle (deposit)
r = interest rate and
n = no of times interest applied per time period.
The interest is compounded quarterly so in one year it will be 4 times
In 5 years
n = (5×4)-3 = 17 (as she will withdraw 3 month before the completion of five years)
A = ^17
= 7100( 1 + 0.028)^17
= 7100(1.028)^17
= 7100 * 1.599
= 11,352.90
Therefore the money she will end up earning in interest on the cd = $11,352.90