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:
32 is 40% of 80.
Step-by-step explanation:
80×4÷10=320÷10=32
Answer:
The awnser is C
Step-by-step explanation:
Answer:
FE is not congruent to FG.
Step-by-step explanation:
FE is 49 and FG is 111.
So, because these two numbers are not equal,
FE is <em>not congruent </em>to FG.
Its a solid line going down with a x-intercept of (1, 0) and y-intercept of (1, 0)
