Answer:
14, 22
Step-by-step explanation:
x+y = 36
2×x - y = 6
=> x = 36 - y
=> 2×(36 - y) - y = 6
72 - 2y - y = 6
-3y = -66
3y = 66
y = 22
=> x = 36 - 22 = 14
Answer:
The last answer
Step-by-step explanation:
Intigers are whole numbers
Answer:
16
Step-by-step explanation:
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.
