Answer:
I am trying to find the answer to this question as well, go to another website, maybe even Quizlet
Step-by-step explanation:
Answer:
$103,373.81
Step-by-step explanation:
The calculation of the future value is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
where,
rate of interest = 11.25% ÷ 2 = 5.625%
And, the number of years is = 2 × 10 = 20
Therefore, the future value is
= $34,600 × (1 + 5.625%)^20
= $34,600 × 2.987682472
= $103,373.81
I don't know I'm just going to 8th grade but I know you need to put variables together and multiply so you get your answer
Answer:
Friend 1 (with 80 more tickets) gets 290
Friend 2 gets 210
Step-by-step explanation:
500-80 = 420 tickets |
^in order to figure out how many total tickets they got without the 80 extra
420/2 = 210 |
^divide by 2 to figure out how many tickets each friend had
210+80 |
^add 80 to figure out how many tickets friend one gets
<u>210</u><u> </u><u>+</u><u> </u><u>290</u><u> </u><u>=</u><u> </u><u>500</u>
