Answer:
4 months
Step-by-step explanation:
Equation:
y = 55 + 30x
y = gym membership
x = per month
Work:
y = 55 + 30x
175 = 55 + 30x
30x = 175 - 55
30x = 120
x = 4
4 months
Answer:
$10.76
Step-by-step explanation:
Present dividend,
is $2.5
Expected dividends for the next 1, 2, 3 and 4 years denoted by
,
,
,
, respectively will be
=$2.5(1+0.07)=$2.675
=$2.675(1+0.07)=$2.86225
=$2.86225(1+0.07)=$3.0626075
=$3.0626075(1+0.07)=$3.276990025
Present value will be

$2.272727273 + $2.210743802 + $2.150450789 + $2.091802131 + $2.034752982 = $10.76047698
Rounded off to 2 decimal places we get $10.76
On Monday, Alex had $2 in his allowance. His mom gave him 5 times that amount. On Wednesday, his little brother had $3 and his mom gave him 6 times the amount he has. Him and his brother wants to combine the money together and later that day, they spent $12 on candy.