Answer:
1, 2 and 3
Step-by-step explanation:
Let
t -----> the number of hours the job takes
C(t) -----> the total cost for the service
we have
This is the equation of a line in slope intercept form
where
The slope m is equal to
The y-intercept is the point (0,95) ---> The cost is $95 for the value of t equal zero (fee)
therefore
<u><em>The statements that are true</em></u>
1 a house call fee costs $95
2 the plumber charges $125 per hour
3 the number of hours the job takes is represented by t
Answer:
correct option is d. $242.81
Step-by-step explanation:
given data
APR = 25.5% = = 2.125
paid = $3,729
solution
we get here finance charge on the 1st month by multiplying 3,729 and now adding it to existing balance
so we get finance charge for the second and third months similarly as
APR ÷ 100 = = 0.02125
so 1st
= $3,729 × 0.02125
= 79.25
and
$3,729 + $79.25 = $3808.24
so for next
= $3808.24 × 0.02125
= 80.93
and
$3808.24 + $80.93 = $3889.17
so for next
= $3889.17 × 0.02125
= 82.64
and
$3889.17 + $ 82.64 = $3971.81
so
finance charge = 3971.81 - 3729
finance charge = 242.81
so correct option is d. $242.81