F (x) = -4x² + 10x + 13
1 answer:
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Answer:
Step-by-step explanation:
Let x be the number of miles Jan can drive in a taxi.
The cost of this ride consists of
- $5.00 flat rate
- $.065 per mile
So, per x miles Jan will pay $0.65x and the total cost of the ride will be
$5.00+$0.65x
Jan has no more than $20 to spend on a ride, then the total cost of his ride must be less or equal to $20. Mathematically, you can write this as
Given the word problem, we can deduce the following information:
Principal amount = $4739
Future amount = $5336
Interest = 5.1 % =0.051
To determine the time to accumulate the $5336, we use the compound interest formula:
A=Future amount=$5336
P=Present amount=$4739
r=interest rate = 0.051
n=number of compounding periods =12
t=time in years
We also note that the number of compounding periods must be 12 since the investment is compounded monthly.
We plug in what we know:
Therefore, the answer is 2.33 years.