Step-by-step explanation:
Money = Rs 1800
Ratio = 2:3:4
1st Person = 2x
2nd Person = 3x
3rd Person = 4x
X = ?
2x + 3x + 4x = 1800
9x = 1800
X = 200
1st Person = 2x = 2×200 = <u>Rs 400</u>
2nd Person = 3x = 3×200 = <u>Rs 600</u>
3rd Person = 4x = 4×200 = <u>Rs 800</u>
$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
Learn more about future value
brainly.com/question/14860893
#SPJ13
4n = 3m - 1
4n = 3m - 1
Subtract 3m from both sides.
-3m + 4n = -1
Subtract 4n from both sides.
-3m = -4n - 1
Divide both sides by -3.
m = 4/3n + 1/3
m = 4/3n + 1/3
Answer:sorry this probably is t the most helpful but the closest i could get was 399 lbs. it’s is st$497.7 for one and $$497.8.
Step-by-step explanation:
