$710 is invested in an account earning 3.7% interest (APR), compounded monthly. Write a function showing the value of the account after tt years, where the annual growth rate can be found from a constant in the function. Round all coefficients in the function to four decimal places. Also, determine the percentage of growth per year (APY), to the nearest hundredth of a percent.

Answers

Answer 1

The function for the amount after {t} years can be written as -

[tex]$710(1 + 0.45/12nt)^{nt}[/tex]

What is compound interest?

Compound interest is the addition of interest to the principal sum of a loan or deposit. Mathematically -

[tex]$A = P(1 + \frac{r}{n})^{nt}[/tex]

where -

[A] = final amount

[P] = initial principal balance

[r] = interest rate

[n] = number of times interest applied per time period

[t] = number of time periods elapse

Given is that $710 is invested in an account earning 3.7% interest (APR), compounded monthly.

We can write -

A = 710(1 + 0.37/12)¹²⁽¹⁾

A = 710(1 + 0.037/12)¹²

A = 710(1 + 0.031)¹²

A = 710(1.031)¹²

A = 710 x 1.45

A = 1029.5

Let the annual growth rate be R. Then, we can write the function for annual growth rate after {t} years as -

1029.5 = [tex]$ 710(1 + R/1)^{t}[/tex]

1029.5 = [tex]$710(1+R)^{t}[/tex]

1.45 = [tex]$(1 + R)^{t}[/tex]

1.45 = 1 + tR + .....                        {Binomial expansion}

Neglecting the binomial series from the third term as the value of the terms become negligible -

1.45 = 1 + tR

R = 0.45/t

Function for the amount after t years can be written as -

[tex]$710(1 + 0.45/12nt)^{nt}[/tex]= A

Therefore, the function for the amount after {t} years can be written as -

[tex]$710(1 + 0.45/12nt)^{nt}[/tex]

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Related Questions

What are the 3 types of translations in math?

Answers

Translation, reflection and rotation

How do you write 5 more than a number?

Answers

x+5 is the way we can write 5 more than a number.

In a formula or equation involving mathematical operations, the representation of numbers by alphabet is referred to as algebra.

Using the knowledge provided above, we must translate the mathematical statement provided in the question into an algebraic expression. Let's say that number is "x". The result of adding 5 to the provided number is a number that is 5 greater than this number. Thus, a number that is 5 more than x is equal to x+5. As a result, "5 more than a number" is represented by the algebraic expression "x+5".

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Luke and Seth each need to buy the same amount of fencing for their gardens. While Seth's garden is square in shape, Luke's garden is rectangular with the length 3 feet longer than Seth's. Luke's width is half of the length of his own garden.

How much fencing did each buy? Need this asap please and thank you.

option

40. 5 feet


81 feet


72 feet


36 feet

Answers

Fencing that Luke and Seth did each buy is 72 feet

Using the information given, you can set up and solve the system of equations. Let x be the length of Seth's garden.

Seth's garden is square, so it has four times the perimeter.

The perimeter of Luke's garden is a rectangle of length x + 3 feet and width x/2 feet, so 2(x + 3) + 2(x/2).

We also know that Luke and Seth should buy the same amount of fences. So:

4x = 2(x + 3) + 2(x/2)

Solving this equation for x gives x = 6 feet.

So Seth's yardage is 6 feet and Luke's yardage is 9 feet.

So the fence required for Seth's garden is 46 = 24 feet

and the fence required for Luke's garden is 2(9) + 2(9/2) = 29 + 2*4.5 = 36 + 9 = 45 It's feet.

So the total fencing required is 24 + 45 = 72 feet.

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Please help me plssss
Explanation

Answers

Check the picture below.

Find the values of x and y

Answers

The values of x and y, given the angles in the diagram, can be found to be :

x = 11y = 17

How to find the value of x and y ?

The angles given above are called vertical angles and they are such that the two corresponding angles are equal to each other.

This means that ( 8 x + 7 ) ° is equal to ( 9 x - 4 )° and 5 y° is equal to  ( 7y - 34 )°.

The value of x is :

8 x + 7 = 9 x - 4

9x - 8x = 7 + 4

x = 11

The value of y is :

5 y = 7y - 34

7y - 5y = 34

2 y = 34

y = 34 / 2

y = 17

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a. Complete the table to show the length of the field for each given width.

Width (feet) Length (feet) 0 50 100 150 200 250 300

b. Define the function (w) to represent the length of the field as

Answers

The length of the field for the missing width is 350 ft. and the function (w) to represent the length of the field is w = (l-50)

What is a function?

A function is a relation from a set of inputs to a set of possible outputs where each input is related to exactly one output.

Given that a table for showing the relation between length and width of a field;

                Width (w)                                     Length (l)

                       0                                                   50

                     100                                                 150

                     200                                                250

                     300                                                350

We see, that, width is 50 less than the length.

Therefore, the function (w) to represent the length of the field will be =

w = l-50

Hence, the length of the field for the missing width is 350 ft. and the function (w) to represent the length of the field is w = (l-50)

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please help kinda confused!!

Answers

The equation of the line in fully simplified intersect is y = mx + b

What is general equation of the line?The general equation of a straight line is y = mx + c, where m is the gradient, and y = c is the value where the line cuts the y-axis.The equation of a line is y = mx + c , where m is the slope of the line and c is a constant.We have the x-intercept (3,0) and y-intercept (0,3) on the graph.Slope of these line through these points will be ;m = (y2-y1) / (x2-x1)m= (3-0) / (0-3)m= 3/-3m= -1Also , we will get the value of c = 3 .The equation of line after putting the value of m and c will be ,y = -x + 3Thus, the equation of line is y = -x + 3

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Can you help me with this

Answers

Step-by-step explanation:

to find the equation of any line we have to first find the slope. the slope formula is:

[tex] \frac{y2 - y1}{x2 - x1} [/tex]

our slope here would be 8/13

now we input the points in the equation

y = mx + b

then we find b to be -3(7/13)

so the final equation would be:

[tex]y = \frac{8x}{13} - 3( \frac{7}{13} )[/tex]

Ben wants to buy a binder and some penicals from the school store.binders coast 2.25 each of the pencials coast 0.75 each.how much will it coasg ben to buy 1 binder and P penicals

Answers

The total cost for Ben to buy 1 binder and P pencils is 2.25 + 0.75 P.

What is Multiplication?

Multiplication of two numbers is defined as the addition of one of the number repeatedly until the times of the other number.

a × b means that a is added to itself b times or b is added to itself a times.

Cost of a binder = 2.25

Cost of a pencil = 0.75

We have to find the total cost for Ben to buy 1 binder and P pencils.

Cost of 1 binder = 2.25

Cost of P pencils = 0.75 × P = 0.75 P

Total cost of 1 binder and P pencils = 2.25 + 0.75 P

Hence the total cost for Ben to buy 1 binder and P pencils is 2.25 + 0.75 P.

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Tickets to a concert are $35 each. In addition to the cost for the tickets ordered, there is a $15 processing charge per order

Answers

An expression that represents the total cost of an order of n number of tickets: 35n + 15

Let n be the number of tickets to a concert.

Let C be the cost for the tickets

Given that the tickets to a concert are $35 each.

So, by unitary method the cost of n number of tickets would be,

n × 35

And the cost for the tickets would be,

C = 35n

In addition to the cost for the tickets ordered, there is a $15 processing charge per order.

So, the cost for the tickets would be,

C = 35n + 15

This is the required expression.

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The complete question is:

Tickets to a concert are $35 each. In addition to the cost for the tickets ordered, there is a $15 processing charge per order.

Write an expression that represents the total cost of an order of n number of tickets.​

What is the SHAPE of the 22nd figure?

Answers

The color of the 15th figure is green.

The shape of the 40th figure star.

The shape of the 22nd figure triangle.

What is an expression?

An expression is a way of writing a statement with more than two variables or numbers with operations such as addition, subtraction, multiplication, and division.

We have,

The pattern of shapes we get is:

circle - Triangle - Square - Star

The pattern of color we get is:

Purple - Red - Green

Now,

The color of the 15th figure.

= 15 is a multiple of 3

= 5 x 3

So,

Green will be the color of the 15th figure

Now,

The shape of the 40th figure.

= 40 is a multiple of 4

= 10 x 4

So,

Star will be the shape of the 40th figure.

Now,

The shape of the 22nd figure.

= 22 ÷ 4

We get 2 as the remainder.

So,

Triangle will be the shape of the 22nd figure.

Thus,

The 15th figure color is green.

The 40th figure is a star.

The 22nd figure is a triangle.

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which equation represents a line perpendicular to the given line x-4y=7

Answers

The equation of the line perpendicular to x - 4y = 7 can be written as:

y = 4*x + b

Where b could be any real number.

Which equation represents a line perpendicular to x - 4y = 7?

Two lines are perpendicular if the product between the slopes of the lines is equal to -1.

Where a general line in the slope-intercept form is written as:

y  =a*x +b

And the given line is:

x - 4y = 7

Writing this in the slope-intercept form we will get:

-4y = -x - 7

y = (-1/4)*x + 7/4

So the slope is -1/4, then the slope of our line must be such that:

a*(-1/4) = -1

a = -4*-1 = 4

a =4

So the line perpendicular to the given one is:

y = 4*x + b

Where b can be any real number.

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C. It will
make 18 more parts.
5
Which number line shows the solution set to 1< -49 - 13/9 x <55/3?

Answers

The inequality is x 26 and asks for the values of x where the perimeter of the rectangle is smaller than 112.

The definition of inequality

In mathematics, a link between two terms or values that isn't comparable is referred to as an inequality. As a result, imbalance leads to inequality. A mathematical inequality is a relationship between two non-equal expression . Egality is distinct from inequality. The not common basic is frequently used to denote that two values aren't actually equal (). Various inequalities are used to contrast the values, no matter how small or large. Many simple inequalities can be resolved by switching the two aspects until the variables are the only thing remaining. But a number of things encourage inequality: Values that are negative are divided or added along either side.

Here,

given

A rectangle's perimeter is determined by its length, width, and height.

rectangle's perimeter is calculated as length + length + width + width.

(x +4) + (x+4) + x + x < 112

x + 4 + x + 4 + x + x < 112

4x + 8 < 112

4x < 104

x < 26

In order to find the x value that occur when the rectangle's boundary is less than 112, the inequality is x 26.

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Factor the expression completely.
x^4-17x^2+72

Answers

Answer:

It's neither:

x =√ 9.000 = 3.00000 or :

x =√ 9.000 = -3.00000 or :

x =√ 8.000 = 2.82843 or :

x =√ 8.000 = -2.82843

Four solutions

Answer:

x^4 - 17x^2 + 72 = (x^2 - 9)(x^2 - 8)

Step-by-step explanation:

First, we need to find two numbers that multiply to give us 72 and whose sum is -17. We can see that 8 and 9 multiply to give us 72, and their sum is 8 + 9 = 17. Since we want the sum to be negative, we need to change one of the signs. So we write -(8 + 9) = -17.

Next, we write the expression as the product of two binomials. We factor out the common factor x^2 from the first two terms: x^4 - 17x^2 + 72 = x^2(x^2 - 17) + 72

Now, we complete the square in the first binomial. To do this, we need to add and subtract (17/2)^2 = (8.5)^2 = 72.25 inside the bracket:

x^2(x^2 - 17) + 72 = x^2(x^2 - 17 + 72.25 - 72.25) + 72 = x^2(x^2 - 17 + 72.25) - 72.25 + 72

Now we can rewrite the square of a binomial :

x^2(x^2 - 17 + 72.25) = x^2((x-8.5)^2)

Finally, we can combine the two binomials

x^2((x-8.5)^2) + 72 = (x^2(x-8.5)^2) + 8(9)

So the expression x^4 - 17x^2 + 72 factors completely as (x^2 - 9)(x^2 - 8)

Hope this helps!

FIND THE SUM OF ALL NATURAL NUMBERS FROM 1 TO 100 (ARITHMETIC PROGRESSION)

Answers

Answer:

According to arithmetic progression, natural numbers can be written down as 1, 2, 3, 4, 5, 6, 7, and 8 to 100. Basically, the sum of the first 100 natural numbers is equal to 5050.

HELP ASAP PLSS 50 POINTS!!!

Answers

Answer:

Missing part is ∠BAC and ∠DPF

Step-by-step explanation:

ASA requires that both triangles have two angles and the included side to be congruent.

We have one side and an adjacent angle and need the second angle adjacent to the marked side to be congruent as well

It is the ∠BAC of ΔABC and ∠DPF of ΔPDF or simply ∠A and ∠P.

Find the point(s) on the surface at which the tangent plane is horizontal.
z = xy + 1 x + 1 y

Answers

The point(s) on the surface at which the tangent plane is horizontal are (0, 0, 1).

To find the point(s) on the surface at which the tangent plane is horizontal, we need to find the points at which the partial derivatives of z with respect to x and y are both equal to 0. This means we need to solve the system of equations:

∂z/∂x = 0 ∂z/∂y = 0

Solving this system of equations yields x = 0, y = 0, and z = 1. Therefore, the point(s) on the surface at which the tangent plane is horizontal is (0, 0, 1).

To understand why solving the system of equations yields the points for which the tangent plane is horizontal, it is important to understand what the partial derivatives represent. The partial derivative of z with respect to x is the rate of change of z with respect to x, and similarly for y.

When the partial derivatives are both equal to 0, it means that the rate of change of z with respect to x and y is 0, which implies that the tangent plane is horizontal.

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Is x-intercept a number or a point?

Answers

The point at a graph where the graph cuts the x-axis is known as the x-intercept. Therefore, the x-intercept is a point.

A graph is made up of four quadrants in which two are positive and two are negative quadrant.

There are two types of axis which are x-axis and y-axis two negative and two positive.

The y-intercept is the point where the graph cuts the y-axis .Graph Theory is the study of graphs which comes under discrete mathematics.

It is defined as a mathematical structure that connects a group of points to express a specific function.

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In altitude BH and angle bisector AL intersect at point M. Given m∠HML = 100° and m∠MLC = 110°. Find angles of △ABC

Answers

The angles of triangle ABC are 60 degrees when altitude BH and bisector AL intersect at point M.

What is equilateral triangle?

An equilateral triangle in geometry is a triangle with equal-length sides on all three sides.

Given that:

[tex]\angle HML = 100 \\\\\angle MLC = 110[/tex]

Since, BH is the altitude [tex]\angle MHC= 90[/tex].

The total angle of a quadrilateral is 360, hence:

100 + 110 + 90 + C = 360

C = 60 degrees.

Now consider triangle BHC:

The sum of angle of a triangle is 180, hence:

90 + 60 + B = 180

B = 30

Since the half angle B = 30, the entire [tex]\angle ABC = 60[/tex].

Consider triangle ABC:

Using sum of triangles, we have:

[tex]\angle A + \angle B + \angle C = 180\\\\\angle A + 60 + 60 = 180 \\\\\angle A = 60[/tex]

Hence the measure of angles of triangle ABC is 60 degrees.

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Using the five digits 7, 7, 8, 8, and 8 once each, how many positive five-digit integers can be formed?

Answers

Answer:

There are 5 choices for the first digit, 5 choices for the second digit, 4 choices for the third digit, 3 choices for the fourth digit, and 2 choices for the fifth digit.

Triangle ABC with vertices at A(−3, −3), B(3, 3), C(0, 3) is dilated to create triangle A′B′C′ with vertices at A′(−1, −1), B′(1, 1), C′(0, 1). Determine the scale factor used.

1

1/2

3

1/3

Answers

If Triangle ABC with vertices at A(−3, −3), B(3, 3), C(0, 3) is dilated to create triangle A′B′C′ with vertices at A′(−1, −1), B′(1, 1), C′(0, 1) then the scale factor used is 1/3

What is Graph?

Graph is a mathematical representation of a network and it describes the relationship between lines and points.

Dilation is a transformation, which is used to resize the object. Dilation is used to make the objects larger or smaller.

Triangle ABC with vertices at A(−3, −3), B(3, 3), C(0, 3) is dilated to create triangle A′B′C′ with vertices at A′(−1, −1), B′(1, 1), C′(0, 1).

A(−3, −3)---->A(−3/3, −3/3)---->A′(−1, −1)

B(3, 3)---->B(3/3, 3/3)---->B′(1, 1)

C(0, 1)---->C(0/3, 1/3)---->B′(0, 1/3)

Hence, the scale factor used is 1/3.

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Are 2 sides of an isosceles triangle?

Answers

Yes, the lengths of the two sides of an isosceles triangle are equal.

An isosceles triangle is a type of triangle that has two sides that are equal in length. The other side of the triangle can be either longer or shorter than the two equal sides. The two equal sides are called the legs, and the other side is called the base. The angles opposite the two equal sides are also equal in measure. Because of this, the two equal sides create an angle bisector that divides the base into two equal parts. This angle bisector forms two angles of equal measure as well. Thus, the two equal sides of an isosceles triangle are a defining feature of the shape.

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Which of the following points is a solution to the system of equations shown?

y - x = -1

x + y = -5

Answers

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[tex]\quad \qquad \huge \bf \dag \: Answer \: \dag[/tex]

`●.`●.`●.`●.`●.`●.`●.`●.`●.`●.`●.`●.`●.`●.`●.`●.`●.`●.

[tex] \underline{ \large \rm Solution} : [/tex]

[tex]\rm Given : [/tex]

Two equations are -

y - x = -1 (i)

x + y = -5 (ii)

[tex] \rm Procedure : [/tex]

Considering the equations as (i) and (ii) respectively

From equation (i) -

y = x - 1

put this value of y in equation (ii) -

x + y = -5

x + x - 1 = -5

2x = -5 + 1

2x = -4

x = -2

Next thing to do would be to put value of x we got in equation (i) to get y

y - x = -1

y - (-2) = -1

y + 3 = -1

y = -1 - 3

y = -4

Values asked are :

[tex] \rightarrow \rm y = - 4[/tex]

[tex] \rightarrow \rm x= - 2[/tex]

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[tex] \large \bf hope \: \: it \: \: helps \: - dabI [/tex]

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Reflect shape A in the line y = -x. (See picture)

Answers

Answer:

See picture below

Step-by-step explanation:

HEEELLP me PLEASE!!!

Answers

Answer:

T=(I/p)/r

Step-by-step explanation:

I = Prt is the same thing as: I = P*r*t

We want the answer to be as:

T = ???

The only thing you need to do is the get T to one side.

1. [tex]I = P*r*t[/tex]

2. [tex]I/p=r*t[/tex]

3. [tex](I/p)/r=t[/tex]

4. [tex]t=(I/p)/r[/tex]

F(x)=\begin{cases}-2 & \text{ for }\hspace{10px} -6< x <-1\phantom{\frac{1}{1}} \\ -x-3 & \text{ for }\hspace{10px} -1< x <5\phantom{\frac{1}{1}}\end{cases} f(x)={ −2 −x−3 ​ for −6

Answers

f(7) = 14 is calculated. Each function is given a domain and a codomain, or scope.

what is function ?

The subject of mathematics includes quantities and their variations, equations and related structures, forms and their locations, and places where they can be found. The term "function" refers to the relationship between a set of inputs, each of which has an associated output. A relationship between inputs and outputs in which each input leads to a single, distinct result is known as a function. Each function is given a domain and a codomain, or scope. Usually, f is used to denote functions (x). input is an x. There are four main types of functions accessible. based on the following factors: on functions, one-to-one functions, many-to-one functions, within functions, and on functions.

given

We note that x=7 is on 1<x< 9 so we use the second piece. Replace x with 7 and

evaluate to find f(7):

f(7)=2(7)

f(7)=14

so f( 7 ) = 14

f(7) = 14 is calculated. Each function is given a domain and a codomain, or scope.

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What is the greatest common factor of 24,40,32 A.1 B.2 C.4 D.8

Answers

Answer:

D. 8

Step-by-step explanation:

8*3=24

8*5=40

8*4=32

it would be d-8 because 8 can be multiplied into all of them 8x3=24 8x5=40 8x4=32

..Solve multi step problems

Help me.....

Answers

Using multiplication as a mathematical operator, Kareem will 864 more cards and Nicole will get 24 more cards

What is Multiplication

Multiplication is a mathematical operation that involves multiplying two or more numbers together. It is one of the four basic operations in mathematics, along with addition, subtraction, and division.

In this problem, we may require the use of some mathematical operators to find the solution to the problem.

1.

He currently has 216 cards, but he needs 15 sets of cards.

1 set of card = 72 cards

Let's calculate the number of sets he currently has.

1 set of card = 72 cards

x set = 216 cards

cross multiply both sides and solve for x.

x * 72 = 216 * 1

x = 216 / 72

x = 3 sets

He currently has 3 sets of cards.

Since he wants 15 sets of cards, we will need 12 more set of cards.

The number of cards can be calculated by multiplying 12 by 72

Number of cards = 12 * 72 = 864

He needs 864 more cards.

2.

1 set of card = $27

1 set = 72 cards

But she's bringing $9 to join, we can calculate the ratio of cards she will get.

1 / 27 = x / 9

x = 9 / 27

x = 1/3

She will get 1/3 of the cards bought which will be

72 * 1/3 = 24 cards

She will get 24 cards

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(6b+ 2) - (4b + 3)
Help pls I don’t know how to do this

Answers

Answer:

2b - 1

Step-by-step explanation:

To solve this problem, we will need to open the parentheses. To do this, we will put an imaginary 1 in front of both sets of parentheses to open them using the distributive property, this gives us:

1(6b + 2) - 1(4b + 3)

We will open the first set of parentheses with no problem, but in the second set, we have -1, so we need to make every positive number negative and every negative number positive, giving us:

6b + 2 - 4b - 3

Then, we group our like terms:

6b - 4b + 2 - 3

Then, we subtract, giving us:

2b - 1

So the most simplified version is 2b - 1.

Hope this helped!

Answer:

Step-by-step explanation:

You begin by distributing the negative so -4b -3

then you will multiply (6b+2) by (-4b -3)

24b^2 - 18b - 8b - 6

answer = 24b^2 - 26b - 6

Colin invests £3300 into his bank account. He receives 3% per year compound interest. How much will Colin have after 4 years? Give your answer to the nearest penny where appropriate

Answers

Answer:

Below

Step-by-step explanation:

3% = .03 in decimal      4 (yearly) periods

The effective interest and deposit amount after  3 years compounded yearly will be

3300 (1 +.03)^4   =  £ 3714.18  

Other Questions
(1) Where did Ro room while at Wheaton College? Who was his landlady? Many pennies dont even circulate, but instead lie ignored on sidewalks, in dust corners, or tossed into jars.Which one of the following words from the sentence above helps you understand the meaning of the word circulate? When evaluating past eras, historians depend on primary documents and other resources to understand events and cultures. For instance, it would be difficult to evaluate why people once thought Earth was at the center of the solar system unless you analyzed documents from the time in which the idea was relevant. What difficulties do you think might arise when trying to understand ideas from the past, especially when those ideas are so different from our modern thinking Spanish help ACT.5 in spanish book Which expression represents the length of the hypotenuse C of the triangle below 4. Driving home from school one day, you spot a ball rolling out in the street. You brake for 1.20 s, slowing your 950 kg car from 16 m/s to 9.5 m/s. a. What was the average force exerted on your car during braking Which is the constant of variation, k, if y=kx, and y=3 when x=4?3/44/334 Read the following sentence and then select the correct answer:He was a great orator, he had a quick mind, and he was loyal to his friends.Select the correction to this sentence that uses proper parallel structure. (3 points)He was a great orator, quick on his feet, and he was known for being loyal.He was a great orator, though he was pretty smart, and his friends said he was loyal.He was a great orator, a quick mind, and a loyal friend.He was a great orator, liked to think quickly, and he was loyal to his friends. Our sales ____ significantly since this time last yearA. increaseB. increasedC. have increasedD. are increasing An inverter or ac module is required to automatically ________ its output when utility power is lost. what year did the British invade America? Read the labels of several commercial products and identify monatomic ions of at least four transition elements contained in the products. Write the complete electron configurations of these cations By the end of 1991, Soviet attempts at economic reform had created chaos, and the:a. Soviet military staged a successful coup.b. Soviet Union dissolved, ending the Cold War.c. United States invaded, ending the Cold War.d. Soviets turned to the U.N. for help. Is the underlined clause independent or dependent the crowd began to clap and cheer as the team entered through a cloud of smoke? 3. Which of the following is NOT one of the challenges Russians face in theircontinuing transition to democracy?a. a flagging economyb. restrictions on civil libertiesc. increasing power in the presidencyd. violent civil war and a military government need asap gggggggggggggggggggggggggggggggggggg Bird bones have air pockets in them to reduce their weight. This also gives them an average density significantly less than that of the bones of other animals. Suppose an ornithologist weighs a bird bone in air and in water and finds its mass is 47.0 g47.0 g and its apparent mass when submerged is 3.60 g3.60 g (the bone is watertight). What mass of water is displaced What is the value of S unit? Blake Haddon, Cyrus Oldsmen, and Graham Piper work for Aragon Foods. They work long hours for which they have quite a bit of overtime. In the initial employment contract, which is in writing, the contract stated that each person would be paid an hourly rate of $15.00 and anything over 40 hours would be paid at time and a half. During the first two years of the contract, there were times when Blake, Cyrus, and Graham were not paid their overtime. However, two years after they all had started, Aragon Foods had each of the employees sign a new employment contract where they would work for a salary of $40,000. The contract expressly stated that they did not get overtime. Blake, Cyrus, and Graham want to sue for the overtime that they were never paid. What effect does the new contract have, if any, on the first employment agreement Briefly, explain how Tiktaalik could have existed in this Canadian environment.