people are willing to hold onto it because they’re confident that it will keep its value over time

Answers

Answer 1

Store of Value: people are willing to hold onto it because they're confident that it will keep its value over time.

What is money?

In Economics, money can be defined as any formally recognized economic unit that is universally accepted as a medium of exchange for goods (products) and services, as well as repayment of debts such as taxes, levies, fees, and loans, across the world.

Generally speaking, money is universally accepted as a medium of exchange because it possesses six (6) essential characteristics and these include the following:

DivisibilityUniformityLimited supplyDurability (store of value).PortabilityAcceptability

In conclusion, we can reasonably infer and logically deduce that store of value is a measure of the durability of money.

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Related Questions

Marcus has opened a savings account where the yearly interest rate is 10%. He deposits $1,000 to start the account. After t years, the amount of money in the account is modeled by the function A(n) = 1,000 (1 + 0.10)^t. Which functions below would be an approximate equivalent function?
Select all that apply.

A. A(n) = 1,000(1.10)^t
B. A(n) = 1,000(1 + 0.008)^12t
C. A(n) = 1,000(1 + 0.46)^4t
D. A(n) = 1,000(1.008)^t/12
E. A(n) = 1,000(1.46)^t/4

Answers

The equivalent exponential functions for this problem are defined as follows:

A. A(n) = 1,000(1.10)^t

B. A(n) = 1,000(1 + 0.008)^12t.

How to define an exponential function?

An increasing exponential function is defined as follows:

A(t) = A(0)(1 + r)^t.

In which the parameters are given as follows:

A(0) is the initial amount.r is the growth rate, as a decimal.

For this problem, the function is defined as follows:

A(n) = 1000(1 + 0.10)^t.

Hence:

A(n) = 1100(1.10)^t.

Meaning that option A is correct.

Using monthly compounding, then the function would be defined as follows:

A(n) = 1000(1 + 0.10/12)^12t.

A(n) = 1000(1 + 0.008)^12t.

Meaning that option B is also correct.

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At the beginning of a study, 24 fish are caught, tagged and released back into a large pond containing fish. A few days later, 19 fish are caught from the pond and three of them have tags. How many total fish would you expect to be living in the pond

Answers

There are 152  fish would you expect to be living in the pond if At the beginning of a study, 24 fish are caught.

What are permutation and combination?

A permutation is the number of different ways a set can be organized; order matters in permutations, but not in combinations.

At the beginning of a study, 24 fish are caught, tagged and released back into a large pond containing fish.

The answer would be 152.

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calculate the double integral R 3xy^2/x^2+1 dA R = {(x, y) | 0 ≤ x ≤ 3, −2 ≤ y ≤ 2} ·

Answers

Therefore , the solution of the given problem of integral comes out to be 8ln2 is solution for the integral expression.

Define integral.

The region beneath a curve among two set limits is referred to as a definite integral. The representation of the definite integral for such a function of two variables), defined to reference to the x-axis, is ∫ baf(x)dx a b f (x) d x, where an is the lower bound and b is the upper bound.

Here,

Given :

[tex]\int\limits \int\limitsa_R[/tex] 3xy²/x²+ 1 dA

=> R = {(x, y) | 0 ≤ x ≤ 3, −2 ≤ y ≤ 2} ·

So,

=>  [tex]\int\limits^1_{x=0} \int\limits^2_{y=-2}[/tex] 3xy²/x²+ 1  dxdy

=> [tex]\int\limits^1_{x=0}[/tex] 3x / x²+ 1  [tex]\int\limits^2_{y=-2}[/tex] y²

=>[tex]\int\limits^1_{x=0}[/tex] 3x / x²+ 1 ( y³/2)²dx

=>   [tex]\int\limits^1_{x=0}[/tex] 3x / x²+ 1 (8 + 8 /3) dx

=> [tex]\int\limits^1_{x=0}[/tex] 16x/x²+ 1

=> 8 [ln(x²+ 1) ]

=>  8 [ln2 -ln1 ]

=>8ln2

Therefore , the solution of the given problem of integral comes out to be

8ln2 is solution for the integral expression.

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Complete the statement using the specified property.
Associative Property of Multiplication
7(2y) = _)y

Answers

Answer:14

Step-by-step explanation:

What is the distance around a rectangular
room with two walls measuring 12 feet and
two walls measuring 23 feet?
O
O
O
35 feet
70 feet
24 feet
46 feet

Answers

Answer:

35 Feet

hope you like it : )

Use the models to complete the statement. The first model has 1 shaded square and 5 unshaded squares. The second model has 2 shaded squares and 4 unshaded squares.

Answers

The fraction is 1/6 is less than 2/6.

Less than is the answer

How to use the models to complete the statement?

A fraction is used to represent the portion/part of the whole thing. It represents the equal parts of the whole.

From the image, the fraction to the left is 1/6 and the fraction to the right is 2/6.

You can think of 1/6 as having a pizza divided into 6 equal portions and you are to pick 1 out of the 6 whereas in the case of 2/6 you are to pick 2 out of the 6. You will notice that you have less pizza in 1/6 than 2/6.

Thus, 1/6 is  less than 2/6

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What is the result when the number 77 is increased by 1%?

Answers

Answer:

77.77

Step-by-step explanation:

100% × 77 = 77.

Adding an extra 1%,

101% × 77 = 77.77

Where 100% = 1 and

101% = 1.01

What number do you need to examine to evaluate variability in scores?
A. Mean
B. Standard deviation
C. Denominator
D. Median

Answers

Answer:

О  B. Standard deviation.

Step-by-step explanation:

Standard deviation measures the dispersion of a data distribution (variability in scores).

...

20 points !! Select the correct answer. Given: TU || XW Prove: XW = 8

Answers

Option A is the correct answer because the missing step in the two column proof is;

Statement: XW/UT = XV/UV Reason: Corresponding sides of similar triangles are proportional

How to interpret Similar Triangles?

Similar triangles are defined as triangles that have the same shape, but then their sizes may vary. Thus, if two triangles are similar, then their corresponding angles are congruent and corresponding sides are in equal proportion.

Now, we see from the two column proof that ΔTVU ∼ ΔWVX. This means that corresponding sides of both triangles are proportional or have corresponding proportions.

Thus, we can say that;

XW/UT = XV/UV

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1, 1, 5, 5, 7, 8, 8, 10, 12
Which box plot correctly represents the data?

0
0
0
0
2
2
2
2
4
4
6
6 8
6
6
10 12
10 12 14
8 10
14
8 10
16
16
12 14 16
12 14 16

Answers

6
|
| 8
| |
| | 10
| | |
0 _|__|__|_ 4
| | | |
2 5 7 8
| 12
| |
| | 14
| | |
10 11 16

: An agent sells life insurance policies to five equally aged, healthy people. According to recent data, the probability of a person living in these conditions for 30 years or more is 2/3. Calculate the probability that after 30 years:O All five people are still living. O At least three people are still living.O Exactly two people are still living.

Answers

The probability of all five people are still living is 0.1317.

Probability can be defined as the ratio of the number of favorable outcomes to the total number of outcomes of an event. For an experiment having 'n' number of outcomes, the number of favorable outcomes can be denoted by x. The formula to calculate the probability of an event is as follows.

Probability (Event) = Favorable Outcomes/Total Outcomes = x/n

Let us check simple application of probability to understand it better. Suppose we have to predict about the happening of rain or not. The answer to this question is either "Yes" or "No". There is a likelihood to rain or not rain. Here we can apply probability. Probability is used to predict the outcomes for the tossing of coins, rolling of dice, or drawing a card from a pack of playing cards.

As per the given data,

Probability of a person living in these conditions for 30 years or more[tex]$=p=2 / 3$[/tex]

Total number of samples[tex]$=n=5$[/tex]

Let [tex]$X$[/tex] be the number of people living.

[tex]$X \sim \[/tex] Binomial [tex](n=5, p=2 / 3)$[/tex]

Probability mass function of [tex]$X$[/tex]  :

[tex]$$P(X=x)=\left(\begin{array}{l}n \\x\end{array}\right) p^x(1-p)^{n-x}$$[/tex]

a) Probability that all five people are still living:

[tex]$$P(X=5)=\left(\begin{array}{l}5 \\5\end{array}\right)\left(\frac{2}{3}\right)^5\left(1-\frac{2}{3}\right)^{5-5}=0.1317$$[/tex]

b) Probability that at least three people are still living:

[tex]$$P(X=5)=\left(\begin{array}{l}5 \\5\end{array}\right)\left(\frac{2}{3}\right)^5\left(1-\frac{2}{3}\right)^{5-5}=0.1317$$[/tex][tex]$$\begin{aligned}& P(X \geq 3)=P(X=3)+P(X=4)+P(X=5)=\left(\begin{array}{l}5 \\3\end{array}\right)\left(\frac{2}{3}\right)^3\left(1-\frac{2}{3}\right)^{5-3}+ \\& \left(\begin{array}{l}5 \\4\end{array}\right)\left(\frac{2}{3}\right)^4\left(1-\frac{2}{3}\right)^{5-4}+\left(\begin{array}{l}5 \\5\end{array}\right)\left(\frac{2}{3}\right)^5\left(1-\frac{2}{3}\right)^{5-5} \\& =0.7902 \\&\end{aligned}$$[/tex] c) Probability that exactly two people are still living:

[tex]$$P(X=2)=\left(\begin{array}{l}5 \\2\end{array}\right)\left(\frac{2}{3}\right)^2\left(1-\frac{2}{3}\right)^{5-2}=0.1646$$[/tex]

Therefore, the probability of all five people are still living is 0.1317.

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2. James is trying to decide which taxi service he should use. Taxi service A costs $5 plus
$0.25 for every mile traveled. Taxi service B costs $8 plus $0.20 for every mile traveled.
How many miles of travel would result in both taxi services costing the same amount for
that trip?
A. 12 miles
B. 15 miles
C. 30 miles
D. 60 miles

Answers

Number of miles to travel for result in both taxi services costing the same amount for that trip will be 60 miles.

What is an expression?

Mathematical expression is defined as the collection of the numbers variables and functions by using operations like addition, subtraction, multiplication, and division.

Given that;

Taxi service A costs $5 plus $0.25 for every mile traveled.

And, Taxi service B costs $8 plus $0.20 for every mile traveled.

Now,

Let the number of miles for both taxi reach at same time = x

So, We can formulate;

For Taxi A;

The total cost for x mile = $5 + $0.25x

For Taxi B;

The total cost for x mile = $8 + $0.20x

So, For same number of miles,

⇒ $5 + $0.25x = $8 + $0.20x

⇒ 0.25x - 0.20x = 8 - 5

⇒ 0.05x = 3

⇒ x =3/0.05

⇒ x = 300/5

⇒ x = 60 miles

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Translate and solve the following.
two thirds times the difference of a number and four will be ten
Number =

Answers

The equation that represents two third times the difference of a number and four will be ten is  [tex]\frac{2}{3} x -4 =10[/tex] and number is 21.

What is mathematical expression?

Mathematical expressions consist of at least two numbers or variables, at least one arithmetic operation, and a statement. It's possible to multiply, divide, add, or subtract with this mathematical operation.

Let the unknown number be represented as x.

The two thirds of a number is written as [tex]\frac{2}{3} x[/tex]

The difference of two-thirds of number and four is [tex]\frac{2}{3}x -4[/tex]

The equation is equal to 10, so the complete equation is written as:

[tex]\frac{2}{3}x -4=10[/tex]

Multiply both sides of the equation with 3.

[tex](\frac{2}{3}x -4) (3) = (10)(3)[/tex]

[tex]2x - 12 = 30[/tex]

Add 12 to both sides of the equation:

[tex]2x -12 + 12 = 30 +12[/tex]

[tex]2x = 42[/tex]

Divide both sides of the equation with 2.

[tex]\frac{2x}{2} = \frac{42}{2}[/tex]

[tex]x=21[/tex]

Hence the equation that represents two third times the difference of a number and four will be ten is  [tex]\frac{2}{3} x -4 =10[/tex] and number is 21.

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How do you prove triangle congruence proof?

Answers

By proving that all three sides of the triangle are congruent

i-Ready
Compare Functions-Quiz-Level H
The graph shows the distance traveled by a bus and a motorcycle in miles, y, as a function of time
in hours, .
Complete the statement.

Answers

The complete sentence is  - The rate of change of the bus is less than the rate of change of the motorcycle. The bus is moving slower than the motorcycle.

what is function ?

As a set of inputs with one output for each, a function is defined as a relationship between them. A function, expressed simply, is an association between inputs where each input is connected to one and only one output. In mathematics, a function is an expression, rule, or law that establishes the relationship between two variables (the dependent variable). One input results in one output when using a function, which is a type of rule. by Alex Federspiel, the photo's author. Here, y=x2 serves as an illustration. A single output for y results from any input for x. Since x is the input value, we would state that y is a function of x.

given

as the graph shows that the bus and motorcycle travels a distance

The bus's rate of change is lower than the motorcycle's rate of change, to give the whole sentence. The motorcycle is traveling more slowly than the bus.

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which expression is equal to (V3+i)^3?

A. 6[cos(pi/2) + i sin (pi/2)]
B. 6 [cos(pi/6) + i sin (pi/6)]
C. 8 [cos(pi/2) + i sin (pi/2)]
D. 8 [cos(pi/6) + i sin (pi/6)]

Answers

Expression  8[cos(pi/2) + i sin (pi/2)]  is equal to ([tex]\sqrt{3\\}[/tex] + i )³.

What is expression?

Mathematical expressions consist of at least two numbers or variables, at least one arithmetic operation, and a statement. It's possible to multiply, divide, add, or subtract with this mathematical operation.

Given an expression  ([tex]\sqrt{3\\}[/tex] + i )³ lets simplify it

Apply the binomial formula [tex](a+b)^{3}=a^{3}+3a^{2}b+3ab^{2}+b^{3}[/tex]

You can find the coefficient multipliers in row 3 of Pascal's triangle.

=> 3[tex]\sqrt{3}[/tex] + 3*     ([tex]\sqrt{3}[/tex])²* i + 3* √3* (i)² + (i)³

=> 3√3 + 9i  - 3√3 -i

=> 8i

Now simplify the given equations in the options

For 6[cos(pi/2) + i sin (pi/2)]

=> 6[ 0  + 1*i ]

=> 6i

For 8[cos(pi/2) + i sin (pi/2)]

=> 8[ 0  + 1*i ]

=> 8i

For 6 [cos(pi/6) + i sin (pi/6)]

=> 6[ √3 / 2 + i/2]

For 8 [cos(pi/6) + i sin (pi/6)]

=> 8 [ √3 / 2 + i/2]

Therefore, ([tex]\sqrt{3\\}[/tex] + i )³ is equals to the value of equation  8 [cos(pi/2) +  i*sin(pi/2)].

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Which of the following is the best estimate for 31% of 9?

Answers

First
31/100x9 because of means multiply
So it will equal to 279%

Over which interval of the domain is function h decreasing?

Answers

In interval (1, ∞), function h is decreasing, option (C) is correct.

What is function?

Function is a combination of different types of variable and constants in which for the different values of x the value of function y is unique.

The given function is,

h(x) = [tex]2^x[/tex] when x < 1,

And h(x) = √(x + 3) when x ≥ 1.

To find the interval when function h is decreasing,

Plot the graph of the function h(x) for the given intervals.

Since, in interval (-∞, 1) the graph is increasing.

And in the interval (1, ∞) the graph is decreasing.

Hence, correct option is option (C).

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determine whether the equation is exact. if it is exact, find the solution. if it is not, enter ns. If it is not, enter NS. (7x2-2xy +2)dx + (29-x2+7)dy = 0 Do not enter an arbitary constant The solution in implicit form is a K = c, where c is an arbitrary constant.

Answers

The equation (7x2-2xy +2)dx + (29-x2+7)dy = 0 is not exact, NS.

An equation is exact when the mixed partial derivatives of both sides of the equation are equal to each other. In this equation, we have derivatives of x and y, but the mixed partial derivatives are not equal, which means that the equation is not exact. Therefore, the solution is NS. An equation is exact if the sum of the differential terms on each side of the equation is equal to zero. This equation does not satisfy this condition, which is why it is not exact.

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The sampling distribution of the sample mean _____.
a. shows the distribution of all possible values of μ
b. is an unbiased estimator
c. is the probability distribution showing all possible values of the sample mean
d. is used as a point estimator of the population mean μ
.
The standard error of the proportion will become larger as _____.
a. p approaches 1
b. n increases
c. p approaches 0
d. p approaches .5

Answers

The sampling distribution of the sample mean c. is the probability distribution showing all possible values of the sample mean. The standard error of the proportion will become larger as d. p approaches .5

The sampling distribution of the sample mean is the probability distribution of the possible values of the sample mean, given a certain sample size and population distribution. It is a theoretical construct that describes how the sample mean is likely to vary across different samples of the same size, drawn from the same population. The sampling distribution of the sample mean is approximately normal, with the mean equal to the population mean and a standard deviation known as the standard error.

The standard error is a measure of the variability of a statistic, such as the sample mean.

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William's Diner offers its clients a choice of regular and diet soda. Last night, the diner served 45 sodas in all, 9 of which were regular. What percentage of the sodas were regular?

Answers

The percentage for regular soda will be 20%.

How to calculate the percentage?

The percentage simply has to do with the a value or ratio which can be stated as a fraction of 100. It should be noted that when we want to we calculate a percentage of a number, we simply divide it and then multiply the value that is gotten by 100.

Since William's Diner offers its clients a choice of regular and diet soda. Last night, the diner served 45 sodas in all, 9 of which were regular.

The percentage for regular will be:

= 9 /45 × 100

= 20%

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What is the sum of the geometric series
2,341
256
O 525
64
O 2,343
256
O 3,069
256
4

Answers

Answer:

256

Step-by-step explanation:

3 What is the sum of the geometric series 4 2,341 256 525 64 2,343 256 ... A: Geometric series are such finite or infinite series where every next term

Work out the area of a square with base,
b
= 13cm.

The diagram is not drawn to scale.

Answers

given base of square =13cm

all sides of squares is equal so

area of square is a^2 =13cm*13cm =169cm^2

Answer:

[tex] 196 \: {cm}^{2} [/tex]

Explanation:

As the area of a square is

[tex]l {}^{2} [/tex]

Where l is the length. As we know that all rhe sides of a square are equal in length therefore, each side of the square has a length of 13 cm.

Now,

[tex] {l}^{2} [/tex]

[tex] {13}^{2} [/tex]

Which is equal to

[tex]169 \: cm {}^{2} [/tex]

A coach needs to decide who will kick the field goal during a football game. He wants to choose the player with the best chance of making a field goal. He has the following statistics for his top four players. Player Field Goal Kick Statistics Brian made 7 out of 12 penalty kicks. Darius made 15 out of 23 penalty kicks. Fong made 12 out of 20 penalty kicks. Mike made 19 out of 32 penalty kicks.

Answers

The coach should choose Darius because he has highest probability of 65.21% of scoring a penalty kick

What is statistics?

Statistics is the science concerned with developing and studying methods for collecting, analyzing, interpreting and presenting empirical data.

The top four players have the following statistics partaining to penalty kick

Brian Who made 7 out of 12

Darius who made 15 out of 23

Fong who made 12 out of 20 and Mike who made 19 out of 32

To get the best we have to put them on percentage.

% to score of Brian = 7/12 ×100 = 58.33%

% to score for Darius = 15/23 ×100 =

65.21%

% to score for Fong = 12/20× 100 = 60%

% to score for Mike = 19/32× 100 = 59.4%

Therefore out of the four top players Darius has higher probability to score. He is the best among them. Therefore the coach should choose Darius.

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name two pairs of opposite rays Points Lines and Planes assignment


Answers

Two rays that extend in opposing directions from the same endpoint but have different lengths are said to be a pair of opposite rays. Rays having same endpoint E but not in the opposite directions are ED and EC.

What do the two opposing rays represent?

A pair of opposite rays is defined as two rays that have the same terminus and extend in opposite directions, but have different lengths.

Consequently, a straight line is always created when two rays that are facing one another unite.

Two rays that make up an angle are referred to as its two sides.

Each of these rays originates and finishes at the vertex.

A ray is always named by beginning with the letter of the endpoint (where the ray starts), followed by the name of another point along the ray in the direction the ray advances.

Rays ED and EC share the same terminal E but do not go in the opposite directions.

These two rays have different trajectories and collide at point E. The other pair of rays, EA and EB, also have the same end point (at E), but they do not travel in the other way.

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268 divided n = 0.268

find the value of n

Answers

Answer: 1000

Step-by-step explanation:

268 / n = 0.268

(268 / n) x n = 0.268 x n

268 = 0.268n

268 / 0.268 = 0.268n / 0.268

1000 = n

A construction company takes 1 2/3 hours to remove 6 1/2 metric tons of dirt from a construction site. What is the unit rate in metric tons per hour? Write your answer as a fraction or a mixed number in simplest form.

Answers

Therefore , the solution to given problem of fraction comes out to be 5.2 metric tons per hour.

What exactly is a fraction?

To represent a whole, divide it into any number of equally parts, or fractions. How many units of a particular size there are is expressed using fractions in standard English. 8, 3/4. Parts of a whole are included. Numbers in mathematics are stated as a ratio of such numerator to the denominator. These are each simple fractions that represent an integer. A fraction is contained in the fraction or population of a sophisticated fraction. When a fraction is true, its numerators are less than its denominators. An amount that makes up a fraction of a whole is called a fraction. You can assess the whole by dissecting it into smaller pieces. For instance, 12 is used to denote half of the a total number or item.

Here,

Given : Six and a half metric tons of soil are removed from a construction site by a construction company in one and a half hours.

Thus,

5/3 hours and 13/2 metric ton

So,

=> 13/2 / 5/4

=> 13/2 * 4/5

=> 52/10

=>5.2

Therefore , the solution to given problem of fraction comes out to be 5.2 metric tons per hour.

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the point p(2 -1) lies on the curve y=1/(1-x)

Answers

Yes, the point (2,-1) lies on the curve y=1/(1-x) as when x=2, y=1/(1-2)=1/(-1)=-1, which is equal to -1.

y=1/(1-x)

y=1/(1-2)

y=1/(-1)

y=-1

Yes, the point (2,-1) lies on the curve y=1/(1-x). To prove this, we can substitute the x-coordinate of the point (2) into the equation. When x=2, the equation becomes y=1/(1-2). Simplifying this equation, we get y=1/(-1) which is equal to -1. Thus, y=-1, which is the same as the y-coordinate of the point (-1). This means that the point (2,-1) does indeed lie on the curve y=1/(1-x). This can be further verified by plotting the point (2,-1) on a graph and seeing that it is indeed located on the curve y=1/(1-x).

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Could you please give me an explanation for this question?

Thanks!

Answers

Sorry if it’s wrong I’m in school

Fifteen less than 12 times a number is 249. What
is the number?
A 17.4
B 19.5
C 22
D 27

Answers

The answer is D! Goodluck
Other Questions
What are the advantages and disadvantages of a balloon mortgage? Patient care approached from a holistic approach defines a. Health Maintenance Organizations b. Patient-Centered Medical Home. c. precertification. d. medical necessity. in the oratory of galla placidia, the ____________ symbolize eternal life.A. bookcasesB. doves flanking a fountainC. floral designsD. geometric patterns Order the rational numbers from least to greatest -3.11,-3.1,-3.01 Did Caesar manipulate the system to gain power, or did he operate within the system and simply benefit A line passes through the point (-4, 3) and has a slope of -2.Write an equation in point-slope form for this line. What were the causes of women's suffrage movement? Investigators have discovered a homemade bomb. What can they MOST likely assume about this bomb?A.B.C.D.It uses low explosives.It uses primary explosives.It uses secondary explosives.It uses high explosives. Data previously collected for purposes other than the one at hand are an important source of information as the researcher defines the problem. What are these data called?a. secondary datab. convenience datac. primary datad. single-source data Evaluate the expression if b=3 and c=1/3. 3c / (2b) Points A,B, and C are collinear Point B is between A and C. Solve for x How did the New Deal redefine the role of government? - Are you near museum? Yes, A bag contains 222 red marbles, 333 green marbles, and 444 blue marbles. If we choose a marble, then another marble without putting the first one back in the bag, what is the probability that the first marble will be green and the second will be red? What is the slope of the line?m=? Changing a sentence from "The cat ate the rat" to "The cWa tat eth era t' is similar to what type ofmutation?A. insertion mutationB. deletion mutationC. point mutationD. silent mutation Ending punctuation. Based on data collected by the National Center for Health Statistics and made available to the public, an estimate of the percentage of adults who at some point in their life have been told they have hypertension is 23.53%. If we select a simple random sample of 20 US adults and assume that the probability that each has been told that he or she has hypertension is 0.20, find the probability that the number of people in the sample who have been told that they have hypertension will be (a) exactly three (b) at least three (c) at most five (d) between six and ten, inclusive On Monday, jack rode 4 miles on a bike. On Tuesday, he rode 4 times more than he did Monday. On Wednesday, he rode an additional 5 miles.How many miles has jack ridden so far this week? How are party leaders chosen?