Answer:
The correct answer is C) $112.50.
Step-by-step explanation:
The problem requires us to calculate future weekly bill that melinda miller will pay after 3 years if inflation rates is 4%. This can easily be calculated using compound factor formula.
Future value = Present value (1+I%)^n
Future value = 100 (1+4%)^3
Future value = 112.5 dollars
4/15=x/75 (Multiply the numerator and the denominator of the fraction on the left hand side of the equation by 5)
20/75=x/75
x=20.
Answer:
4
Step-by-step explanation: