Answer:
The rental cost for Company A and Company B will be the same after 500 miles
Step-by-step explanation:
The total cost of renting a truck from Company A can be expressed as;
Total rental cost(Company A)=Cost per day+Total rate
where;
Cost per day=70
Total rate=rate per mile×number of miles (m)=(0.5×m)=0.5 m
replacing;
Total rental cost(Company A)=70+0.5 m...equation 1
2. The total cost of renting a truck from Company B can be expressed as;
Total rental cost(Company B)=Cost per day+Total rate
where;
Cost per day=20
Total rate=rate per mile×number of miles (m)=(0.6×m)=0.6 m
replacing;
Total rental cost(Company B)=20+0.6 m...equation 2
Equating equation 1 to equation 2
70+0.5 m=20+0.6 m
0.6 m-0.5 m=70-20
0.1 m=50
m=50/0.1
m=500 miles
The rental cost for Company A and Company B will be the same after 500 miles
9514 1404 393
Answer:
$13,916.24
Step-by-step explanation:
First, we need to find the value of the CD at maturity.
A = P(1 +rt) . . . . simple interest rate r for t years
A = $2500(1 +0.085·3) = $2500×1.255 = $3137.50
__
Now, we can find the value of the account with compound interest.
A = P(1 +r)^t . . . . . rate r compounded annually for t years
A = $3137.50 × 1.18^9 = $13,916.24
The mutual fund was worth $13,916.24 after 9 years.
Answer:
(x+8)(5x2−2)
Step-by-step explanation:
Hope this helps have a nice day :)
Answer: D
Step-by-step explanation:
Answer:
D 28
Step-by-step explanation:
31 own 13-15
3 own 1-3
31 - 3 = 28
