Answer:
she is wrong, offer 2 results in lower interests
Step-by-step explanation:
total amount paid if offer 1 is accepted:
$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40
she will pay $365.40 in interests
total amount paid if offer 2 is accepted:
($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363
she will pay $363 in interests
Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40
Answer: The price of meal before the tip = $34.
Step-by-step explanation:
Given : The percentage of tip = 22% = 0.22 ( we divide a percentage by 100 to convert it into decimal)
Total amount paid ( including tip) = $41.48
Formula for Total bill = Price of meal + Tip amount , where Tip amount= 22% of Price of meal.
Let x be the price of meal, then
Total bill =x + 0.22 x (x )
⇒ $41.48= x(1+0.22) [ By distributive property]
⇒ $41.48 = x (1.22)
⇒ x= ($41.48) ÷ 1.22
⇒ x= 34
Hence, the price of your meal before you applied the tip = $34.
Answer:
1
Step-by-step explanation:
One. For example, if we chose 5 as the number, then the multiplicative inverse would be 1/5. Multiplying 5 by 1/5 results in one (1).
First, we pay attention to the numerical coefficients of the terms in the series: 10, 21, 32, 43, 54, 65. Conclusively they form an arithmetic sequence with a common difference of 11. Thus, the next numerical coefficient is 76. Then, we pay attention to the letters which are just arrange alphabetically. The next letter ought to be G which needs to be capitalized. Thus, the answer is letter C. 76G.