Dharma and Jorge are looking at cell phone plans. A
1 answer:
Answer:
Dharma and Jorge should purchase a group plan.
They could save $9.55
Step-by-step explanation:
A group plan will cost an average of $135.95 per month.
An individual plan will cost an average of $72.75 per month.
Two individual plans will cost an average of
per month.
Since $145.50 > $135.95, Dharma and Jorge should purchase a group plan.
They could save
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Answer:
$138,345
Step-by-step explanation:
This is a compound decline problem, which will be solve by the compound formula:
Where
F is the future value (value of house at 2030, 14 years from 2016)
P is the present value ($245,000)
r is the rate of decline, in decimal (r = 4% = 4/100 = 0.04)
t is the time in years (2016 to 2030 is 14 years, so t = 14)
We substitute the known values and find F:
Rounding it up, it will be worth around $138,345 at 2030