Answer:
200 miles
Step-by-step explanation:
First, set up the equations.
plan 1: initial fee of $55.96, $0.12 per mile
plan 2: initial fee of $63.96, $0.08 per mile
We want to know at what distance will the cost be the same. So, set the equations equal to each other.
0.12x + 55.96 = 0.08x + 63.96
Combine the variables.
0.04x + 55.96 = 63.96
Combine the constants.
0.04x = 8
Divide by 0.04 to isolate x.
x = 200 miles
Check by plugging x back into each equation.
y = 0.12(200) + 55.96
y = 24 + 55.96
y = $79.96
y = 0.08(200) + 63.96
y = 16 + 63.96
y = $79.96
You are correct!
Add 5 to 5, or multiple 5 by 2.
Answer:
Step-by-step explanation:
The formula for simple interest is expressed as
I = PRT/100
Where
P represents the principal
R represents interest rate
T represents time in years
I = interest after t years
From the information given
T = 8 months = 8/12 = 2/3 years
P = $3000
R = 9.3%
Therefore
I = (3000 × 9.3 × 2/3)/100
I = 18600/100
I = $186
The maturity value (in dollars) of this loan would be
3000 + 186 = $3186
Answer:
9^2/256
Exact form is 81/256
Decimal form is 0.31640625
Step-by-step explanation:
Raise 9 to the power of 2.
81/256
The result can be shown in multiple forms.
Exact Form:
81/256
Decimal Form:
0.31640625
