Answer:
Step-by-step explanation:
Let the rent be x
<u>Discounted rent </u>
<u>Increase applied</u>
<u>Final rent:</u>
- (x - 50) + 10% = (x - 50)*1.1
<u>We know this is equal to x + 5% = 1.05x, comparing now</u>
- 1.1(x - 50) = 1.05x
- 1.1x - 1.05x = 55
- 0.05x = 55
- x = 55/0.05
- x = $1100
The y intercept is going to be 10x
Equation: L=P*R*T
P=100
R=1.5%=0.015
T=5
Multiply and you get 7.5 as the interest.
The answer is D
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Answer:
$637.50
step by step explanation :
P = $3000
t= 5years
r = 4.25% per annum
Interest = (p×r×t)/100
= (3000×4.25×5)/100
= $637.50
