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.
Answer:
Hey there!
a)
10x-1=4x+2
6x-1=2
6x=3
x=1/2 cm.
10x-1=4 cm.
So the width of the rectangle is 10/4, or 2.5 cm.
b)
l=3w
2l+2w=24
2(3w)+2w=24
6w+2w=24
8w=24
w=3
l=9
The are is 27 units squared.
Let me know if this helps :)
Answer:
10.4
Step-by-step explanation:
√(5--5)²+(0-3)²
√100+9
√109=10.4