Answer:
Keir will have the most money to spend on a new boat at the end of the five years; $1,440
Explanation:
Three friends decide that they each want to be able to buy a new boat in five years. Vanore puts $1,000 in a savings account with a simple interest rate of 4.5%. Keir invests $1,200 in a standard savers account with a simple interest rate of 4%. Omar invests $950 in a junior achievers account with a 6% annual compound interest rate. Who will have the most money to spend on a new boat at the end of the five years?
Vanore puts $1,000 in a savings account with a simple interest rate of 4.5%.
Vanore:
I = p * r * t
= 1000 * 0.045 * 5
= $225
I = $225
After 5 years, Vanore will have $1000 + $225
= $1225
Keir invests $1,200 in a standard savers account with a simple interest rate of 4%
Keir:
I = p * r * t
= 1200 * 0.04 * 5
= 240
I = $240
After 5 years, Keir will have $1200 + $240
= $1,440
Omar invests $950 in a junior achievers account with a 6% annual compound interest rate.
Omar:
A = P (1 + r)^t
= 950(1 +0.06)^5
= 950(1.06)^5
= 950(1.3382)
= 1271.1
A = $1,271.1
After 5 years, Omar will have $1,271.1
Keir will have the most money to spend on a new boat at the end of the five years; $1,440
This requirement is (A) a condition precedent.
<h3>
What is condition precedent?</h3>
- A condition precedent is an event or state of affairs that must occur before another event can occur.
- A condition precedent is an event that must occur before performance under a contract becomes due, that is before any contractual duty exists, according to contract law.
- It is a provision in a will or trust that prevents the vesting of a gift or bequest until something happens or fails to happen, such as the attainment of a certain age or the death of another person.
- In contrast, a condition subsequent terminates a duty, whereas a condition precedent initiates a duty.
Therefore, this requirement is (A) a condition precedent.
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The complete question is given below:
State University provides housing on campus and in some adjacent off-campus neighborhoods. To lease a university house or apartment, a person must be a student at State. This requirement is
a. a condition precedent.
b. an implied condition.
c. a condition subsequent.
d. a concurrent condition.
1. The value of the polynomial P(3) obtained is 16
2. The value of the polynomial P(–3) obtained is 7
<h3>Remainder theorem</h3>
If F(x) is a polynomial and it is divided by C
to give Q and a remainder of D
Then,
Polynomial = (Quotient × divisor) + remainder
F(x) = (Q × C ) + D
Where
F(x) is the polynomial
Q is the quotient
C is the divisor
D is the remainder
<h3>1. How to determine the value of P(3)</h3>
- Divisor = x + 3
- x = 3
- Quotient [Q(x)] = 1
- Remainder = 7
- Polynomial [P(3)] =?
Polynomial = (Quotient × divisor) + remainder
P(x) = [Q(x) × (x + 3)] + 7
P(3)= [Q(3) × (x + 3)] + 7
P(3) = [1 × (3 × 3)] + 7
P(3) = 9 + 7
P(3) = 16
<h3>2. How to determine the value of P(–3)</h3>
- Divisor = x + 3
- x = –3
- Remainder = 7
- Polynomial [P(–3)] =?
Polynomial = (Quotient × divisor) + remainder
P(x) = [Q(x) × (x + 3)] + 7
P(–3)= [Q(–3) × (–3 + 3)] + 7
P(–3) = [Q(–3) × 0] + 7
P(–3) = 0 + 7
P(–3) = 7
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Answer:
calculator
Explanation:
Time and stunt man in the world and
Answer:
What how is that even a real question
Explanation:
