What is the simple interest earned on $7550 at a 3.9% interest rate for 6 years? Round your answer to the nearest cent.
1 answer:
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Answer:
In 2012, a restaurant served 27,500 customers and in 2014, the restaurant served 29,000 customers.
First determine the increase in the number of customer served each year.
the number of customer increase in each year is,
therefore, the linear model is;
y = 750x+ 27500 , where y represents the number of customers that the restaurant serves x years after 2012.
Now, to predict the number of customers that the restaurant will serve in 2020 is;
since, x = 2020-2012 = 8 years
or
therefore, the number of customers that the restaurant will serve in 2020 = 33,500
Answer:
Step-by-step explanation:
The given rational equation is
The Least Common Denominator is .
Multiply each term in the equation by the LCD.
Simplify;
Expand and group similar terms