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:
D. none
Step-by-step explanation:
The point in geometry is defined as the location.
Point A is described as the location of A on any given plane.
Point is represented as a dot.
A dot has no physical dimension like depth, height, thickness or size.
Hence, any two points can not be compared on the basis of any physical parameter.
Answer:
I think it's C is true but make sure
Answer:
C
Step-by-step explanation:
sqrt x can be zero, but you can't sqrt a negative number. there is no further restrictions on sqrt x, there it goes to positive infinity.
Answer:
About 3.29 miles long for each section
Step-by-step explanation:
Find unit rate so 112/34 and you’d get 3.29 rounded.
