Interest depends a lot on the compounding period.
Since the period is exactly 4 months, we assume
APR=8%
monthly interest=8/12%=0.00666667
Interest due in 4 months
=7000[(1+0.08/12)^4-1]
=7000[0.0269345]
=$188.54
Answer:
6 is the coefficient
Step-by-step explanation:
brainliest?
3j+2t=14 subtract 2t from both sides
3j=14-2t divide both sides by 3
j=(14-2t)/3
...
5j+6t=28, using j found above in this equation yields.
5(14-2t)/3+6t=28 perform indicated multiplication on left side
(70-10t+18t)/3=28 multiply both sides by 3
70-10t+18t=84 combine like terms on the left side
70+8t=84 subtract 70 from both sides
8t=14 divide both sides by 8
t=$1.75, and since j=(14-2t)/3
j=(14-2(1.75))/3
j=$3.50
So a pound of trail mix costs $1.75 and a pound of jelly beans costs $3.50.
