The correct option will be: d. 0.4%
For finding the periodic interest rate , we need to divide the annual interest rate by the number of times interest calculated in a year.
Here, the simple interest is calculated monthly, that means the number of times interest calculated in a year will be 12.
Annual interest rate is 4.8%
So, the periodic interest rate =
%
Set up an equation to solve.
$8.50x (since it is the rate of change) + $12 (flat fee) = total money earned (or y). In this case, we have the total, amount, and are looking for x. Plug $139.50 into the equation.
$8.50x + $12 = $139.50
Now, solve for x.
$8.50x + $12-12 = $139.50-12 > <em>$8.50x = $127.5</em>
$8.50/8.50x = $127.5/8.50 > <em>x = 15</em>
So, the correct answer is <u>D. Olivia babysat for 15 hours.</u>
Answer: y=1/4x-3/4
Step-by-step explanation:
We have our equation of a line formula y=mx+b
Then we substitute the given and get y=1/4x-3/4
0 lightbulbs would be expected to burn out in 1800 hours
Answer:
100
Step-by-step explanation: