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natta225 [31]
3 years ago
11

A BOX OF 7 ITEMS COSTS $20.79. FIND THE COST OF EACH ITEMS,

Mathematics
1 answer:
gtnhenbr [62]3 years ago
5 0

Answer:

D. $3.

Step-by-step explanation:

We have been given that a box of 7 items costs $20.79. We are asked to find the cost of each item.

To find the cost of each item, we will divide total cost by total number of items.

\text{Cost of each item}=\frac{\$20.79}{7}

\text{Cost of each item}=\$2.94142857

Upon rounding our answer to nearest dollar, we will get:

\text{Cost of each item}\approx\$3

Therefore, the cost of each item will be approximately $3 and option D is the correct choice.

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Compound interest <br> Plz help!!!
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Answer:

a) A(t) = 17500(1.0053)^{12t}

b) The balance after 8 years will be of $29,069.

Step-by-step explanation:

Compound interest:

The compound interest formula is given by:

A(t) = P(1 + \frac{r}{n})^{nt}

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.

a)

Loan of $17,500 means that P = 17500

6.4% interest rate means that r = 0.064

Compounded monthly means that n = 12. So

A(t) = P(1 + \frac{r}{n})^{nt}

A(t) = 17500(1 + \frac{0.064}{12})^{12t}

A(t) = 17500(1.0053)^{12t}

b)

This is A(8). Then

A(8) = 17500(1.0053)^{12*8} = 29069

The balance after 8 years will be of $29,069.

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The school cafeteria has an order for 238 hot lunches. What is 238 to the nearest ten?
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Step-by-step explanation:

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