Answer:
20.4 years
Step-by-step explanation:
The nper formula in excel comes handy in this scenario:
=nper(rate,pmt,-pv,fv)
Rate is the monthly rate of 5.4%/12
Assuming actual investment is $5,000 which is pv
The triple amount would be $5,000*3=$15,000 which is future value fv.
pmt is the regular cash flow the investment which is zero
=nper(5.4%/12,0,-5000,15000)= 244.68 months
Yearly it can be expressed as = 244.68/12 =20.39 years
When rounded to one decimal place it becomes 20.4 years
a) The cost for 10 mile taxi ride is $18
b) The cost for m mile taxi ride is 1.5 m + 3
Step-by-step explanation:
Step 1 :
The fixed charges for the pick up = $3
Charges per mile = $1.50
Let s denote the total miles driven and t be the total cost for the trip
This can be represented by the equation
t = 3 + 1.5s
Step 2:
Distance traveled by Jonathan in his trip = 10 miles
So cost for riding 10 miles is
t = 3 + 1.5(10) = 3 + 15 = $18
The cost for 10 mile taxi ride is $18
Step 3 :
If the distance traveled is m miles, then substituting s = m in the above equation we get the cost as 1.5 m + 3
Step 4 :
Answer :
a) The cost for 10 mile taxi ride is $18
b) The cost for m mile taxi ride is 1.5 m + 3
10x + 40 = 100
A restaurant owner sells each plate of rice for 10 dollars plus an additional 40 dollars for the entrance. Mack goes to that restaurant and pays 100 dollars in total. How much plates of rice did he order?<span />
Answer:
C
Step-by-step explanation:
Answer:
9x+8y
Step-by-step explanation:
first you would take your liked terms and combine them.
1. 5x+4x=9x
2. 3y+5y=8y
