If you invested $2000 in an account that paid 8% annual interest compounded quarterly, how much would the account be worth in 10
2 answers:
You might be interested in
Answer:
160:340
Step-by-step explanation:
The hours between 2:00pm and 4:00pm is 2 hours. If originally 350 freshman and 200 sophomores are at the carnival, and 20 freshman leave every hour, we can determine how many freshman left in 2 hours:
and if 35 sophomores arrive every half our, we know that for every two hours there is 4 half hours, therefore:
The amount of freshman at 4:00pm:
and the amount of sophomores:
the ratio is 160:340