Answer:
P = 1600 + 60N; $3,340
Step-by-step explanation:
Since we know she gets $1,600 as a base, and $60 <em>each book</em>, we have to add a variable to 60 to show how many books she sells. Your first equation will be P (which is the total) = 1,600 + 60N. Now, we have to replace N with 29. You now have P = 1,600 + 60(29) = 1,600 + 1,740 = $3,340. That's your answer!
Since this is a compound interest problem, you have to take note that the amount Catherine will get per year is not the same. It will increase per year since it is compounded. So first, we get the amount after one year. This will be 7000 x 0.04 which is 280 plus 7280. In the second year, she will get 7571 (7280 x 0.04 + 7280). In the third year, she will get 7874 (7571 x 0.04 + 7571). In the fourth year, she will get 8189 (7874 x 0.04 + 7874). And finally in the fifth year, she will get 8517 (8189 x 0.04 +8189). So after five years, she has 8517
Answer:
55.5
Step-by-step explanation:
Plug it in your y= screen of your graphing calculator and hit 2nd and then graph. it will give u a table of values
Answer:
1. 5.45
2. 0.94
Step-by-step explanation: