Jon Deposits $14,500 into an account paying 5% annual interest compounded quarterly and Sara deposits $16,250 into an account paying 4% annual interest compounded daily who will have more money after 1 year? How much more will that person have? Show and explain all work.

Results are below.

Step-by-step explanation:

Giving the following information:

Jon:

Initial investment (PV)= $14,500

Interest rate (i)= 0.05/4= 0.0125

Number of periods (n)= 4 quarters

Sara:

Initial investment (PV)= $16,250

Interest rate (i)= 0.04/365= 0.00011

Number of periods (n)= 365 days

To calculate the Future Value, we need to use the following formula:

FV= PV*(1+ i)^n

Jon:

FV= 14,500*(1.0125^4)

FV= $15,238.71

Sara:

FV= 16,250*(1.00011^365)

FV= $16,915.67

Sara will have $1,676.96 more than Jon.

a.   since the profit made in 2012 is equal to the profit made in 2014, the profit is symmetric about the line y = 120,000.

step-by-step explanation:

the entire expression should be subtracted from 30. to subtract the quantity, distribute the negative sign, which changes the signs on the terms. so, the –2 changes to positive and gets added to 30 instead of subtracted from it.

hope this ! ^w^