Answer:
6 Hours
Explanation:
Linear Equation: mx+b=y
x variable: Hour
Hourly Fee: $15(x)
(Initial) Rent Fee: $25
Balance: $100
Equation:
15x+25=100
15x+25-25=100-25 -- <em>Separate the constant terms from the x by subtracting 25 from both sides.</em>
15x=100
15x/15=100/15 --<em> Isolate the x variable by dividing 15 from both sides.</em>
x=6.6.. <em>-- Round down to 6 (not 7) because you can't afford to snowboard for 7 hours with less than $15. </em>
x=6 Hours
Answer:
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Step-by-step explanation:
Answer:
APR = 416%
EAR = 5370.60%
Step-by-step explanation:
Given:
Interest rate = 7.8% per week
Now,
In an year there are total 52 weeks
thus,
The APR (Annual percentage rate) = Interest rate × Total weeks in an year
or
APR = 8% × 52
or
APR = 416%
and, EAR ( Effective Annual Rate ) = ( 1 + r )ⁿ - 1
Here,
r is the interest rate per week
n is the total weeks in an year
thus,
EAR ( Effective Annual Rate ) = ( 1 + 8% )⁵² - 1
= ( 1 + 0.08 )⁵² - 1
= 53.7060
or
53.7060 × 100% = 5370.60%
Answer:
x /\ y
1 /\ -4
2 /\ -5
3 /\ -6
4 /\ -7
... /\ ...
Step-by-step explanation:
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