Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
7(12 1/3) + 8(12 1/3 + 1/4) = 3(6(12 1/3) - 9) - 8
12 1/3 = 12.33
1/4 = 0.25
7(12.33) + 8(12.33 + 0.25) = 3(6(12.33) - 9) - 8
86.31 + 8(12.58) = 3(73.98 - 9) - 8
86.31 + 100.64 = 3(64.98) - 8
186.95 = 186.94 - 8
186.95 ≠ 178.94
False. The x, when 12 1/3 does not work inside this equation
hope this helps
Answer:
A: $0.19 / B: $0.16 / C: 36-ounce box
Step-by-step explanation:
For A-B, simply divide the cost by the number of ounces.
A: 4.59/24 = $0.19
B: 5.79/36 = $0.16
The better buy is the cheaper option per ounce which would be B.
C: The 36 ounce box of cornflakes.