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.
Answer:
Ayyy im 17 too and play video games
Step-by-step explanation:
xbox or play station?
Answer: x = 34
Step-by-step explanation:
⁴ ⁻ˣ/₅ + ˣ + 2/₃ = 6
Now resolve into fraction and convert to a linear equation
4 - x /₅ + x + 2/₃ = 6
3( 4 -x ) + 5( x + 2 )/15 = 6
3( 4 - x ) + 5( x + 2 ) = 6 x 15
12 - 3x + 5x + 10 = 90
2x + 22 = 90
2x = 90 - 22
2x = 68
x = 34
%change=100(572-650)/650= -12%
The sales decreased by 12%
The answer is shown in the picture because it ran afoul of Brainly's "bad word" detector.
