subject
Mathematics, 14.04.2020 18:46 frisha

Eric made two investments:

•Investment Q\text{Q}Qstart text, Q, end text has a value of $500\$500$500dollar sign, 500 at the end of the first year and increases by $45\$45$45dollar sign, 45 per year.
•Investment R\text{R}Rstart text, R, end text has a value of $400\$400$400dollar sign, 400 at the end of the first year and increases by 10%10\%10%10, percent per year.

Eric checks the value of his investments once a year, at the end of the year.

What is the first year in which Eric sees that investment R\text{R}Rstart text, R, end text's value exceeded investment Q\text{Q}Qstart text, Q, end text's value?

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:30, charitysamuels
What is the equation of a vertical line passing through the point (−5, −1)? y = −5 y = −1 x = −5 x = −1
Answers: 2
image
Mathematics, 21.06.2019 19:50, JS28boss
The probability that a student graduating from suburban state university has student loans to pay off after graduation is .60. if two students are randomly selected from this university, what is the probability that neither of them has student loans to pay off after graduation?
Answers: 2
image
Mathematics, 21.06.2019 20:00, beverlyamya
Three baby penguins and their father were sitting on an iceberg 0.50.50, point, 5 meters above the surface of the water. the father dove down 4.74.74, point, 7 meters from the iceberg into the water to catch dinner for his kids. what is the father penguin's position relative to the surface of the water?
Answers: 2
image
Mathematics, 21.06.2019 20:40, eddyjunior679
What is the probability of throwing several dice with sum equal to 6 (six)? show the ways of possibilities for sum 6 (as the numerator) and the ways of throwing n dices for n = 1, 2, 3, 4 or 5 as denominator for all the questions to earn full credits. (a)throw one die, (b) throw two dice, (c) throw three dice (d) throw 4 dice, (e) throw 5 dice
Answers: 3
You know the right answer?
Eric made two investments:

•Investment Q\text{Q}Qstart text, Q, end text has a value of...

Questions in other subjects: