You have to divide denominator by numerator to find the constant of proportionality.
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.
I completely forgot how to do this but maybe multiply the angles I’m so sorry
Answer:
25
Step-by-step explanation:
A function is a relationship that each input (element of the domain) is paired with exactly one output (element in the range).
In function notation, f(x), the “x” is the input and the entire “f(x)” represents an output.
That means the last two options are wrong. They’re purposely switched up in what they say.
The correct answer is the second one, because that one is saying “each input will be paired with exactly one output.”