$394.51 is future value of money after 2 years.
What future value means?
- A current asset's future value (FV), which is based on an estimated rate of growth, is its value at a later time.
- Investors and financial planners use the future value to project how much an investment made now will be worth in the future.
The method that results in more money after 2 years is Peggy's investment.
Which method results in more money in 2 years?
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
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Answer:
67
Step-by-step explanation:
Answer: 10 points
Step-by-step explanation:
She must get 10 answers right to get into the next round, if it need to be over 34
25+10=35
Can i have brainliest
Answer:
Measure of side YX is 22 units.
Step-by-step explanation:
Since ΔVWZ ~ ΔXWY, their corresponding sides will be in the same ratio.
By substituting the values given in the picture in the ratio,
By cross multiplication,
2(3x - 9) = 3(x + 8)
6x - 18 = 3x + 24
(6x -18) + 18 = 3x + 24 + 18
6x - 3x = (3x + 42) - 3x
6x - 3x = 42
3x = 42
x = 
x = 14
m(YX) = x + 8
= 14 + 8
= 22
Therefore, measure of side YX is 22 units.
