Answer:
3
Step-by-step explanation:
1/5 / 1/15 = 3
Answer:
Step-by-step explanation:Given that
f(x)=ax+b
so registration fee=b=$10
Each hour fee=a=$5
where x represnts hours
when
x=0
f(0)=5(0)+10
f(0)=10
f(1)=5(1)+10
f(1)=15
f(2)=5(2)+10
f(2)=20
and so on...
B-30a x b would be my answer
The accumulated (future) value is given by the formula
F=P(1+i)^n
where
P=amount of deposit (made at the beginning of the first period)
i=monthly interest, APR/12 = 3%/12 =0.0025
n=number of periods (month)
For example, the future value for the 6th month is
F(6)=1000(1.0025^6)=1015.09 (to the nearest cent)
Here is a schedule of the values,
i=month
F(i) = value at the end of month i.
i F(i)
0 1000.0
1 1002.5
2 1005.01
3 1007.52
4 1010.04
5 1012.56
6 1015.09
7 1017.63
8 1020.18
9 1022.73
10 1025.28
11 1027.85
12 1030.42 + $50 deposit = 1050.42
All values are rounded to the nearest cent.
