Answer:
After 10 years the cost will be $ 97.52.
Step-by-step explanation:
This problem requires us to calculate the cost of graphing after 10 years if inflation rate is two percent. This can easily be calculated by compounding present value of current cost at the rate of 2%. Detail calculation is given below.
FV= 80 (1+2%)^10
FV = $ 97.52
Given:
Principal = 200
interest rate = 4% per annum
term = 1 year
Simple Interest = Principal * interest rate * term
S.I. = 200 * 4% * 1
S.I = 8
Simple interest earned is $8.
Answer:
82 phone calls
Step-by-step explanation:
If she had already spent 9 minutes, and she expects to spend 1 minute on each phone call; and she wants to spend 91 minutes on her phone;
91 - 9 = 82
330-32 = 298
32 * 860 = 27,520
298 * 360 = 107,280
107,280 + 27,520 = $134,800 total
