2y=-4x+10
y=2/-4x+2/10
y=-2x+5
Answer:
- 10 -- $10k to any one person
- 20 -- $20k to all persons, total
- 5 -- $5k for property damage
all are <em>maximum</em> values
Step-by-step explanation:
Insurance contracts specify <em>maximum</em> payments, not <em>minimum</em> payments. The numbers mean ...
The 10 means it will pay only $10,000 maximum for injury to any one person in an accident.
The 20 means it will pay a maximum of $20,000 total to people injured in one accident.
The 5 means that it will pay a maximum of $5,000 in property damage for one accident.
Answer:
P earned $ 718.85.
Step-by-step explanation:
Given that P borrowed $ 16000 from a person at 12% per annum simple interest and lent the whole amount to Q at the same rate of annually compound interest, to determine how much did he gain after 3 years the following calculation must be performed:
16,000 x 0.12 x 3 = X
1,920 x 3 = X
5,760 = X
16,000 x (1 + 0.12 / 1) ^ 3 = X
16,000 x 1.12 ^ 3 = X
16,000 x 1.404928 = X
22,478.85 = X
22,478.85 - 16,000 = 6,478.85
6,478.85 - 5,760 = X
718.85 = X
Therefore, P earned $ 718.85.
