Answer:
73 dollars and 50 cents
Step-by-step explanation:
Initial Deposit:
70
Years to Save:
1
Estimated Rate of Return
5
Compound Frequency:
Annually
Earned Interest
$3.50
Total Balance
$73.50
Hope this helps!
Answer:
I cant see the picture srry
Step-by-step explanation:
Step-by-step explanation:
Step one:
given
current (older) fridge
electricity charges= $17 monthly
maintenance costs= $220
let the number of months be x
and the total cost be yo
the expression for the cost for the old fridge is
yo=220+17x---------1
New fridge
electricity charges= $6 monthly
costs= $1,050
let the number of months be x
and the total cost be yn
the expression for the cost for the old fridge is
yn= 1050+6x---------2
Hence the system of equation for the situation is
yo=220+17x---------1
yn= 1050+6x---------2
Step two
for 10 years there are 12*10= 120 months
put x= 120 in both expressions and compare the total
yo=220+17(120)---------1
yo=220+2040
yo=$2,260
yn= 1050+6(120)---------2
yn=1050+720
yn=$1770
<u><em>Based on the analysis it will be less expensive to get the new fridge, hence buying the new fridge is worth it.</em></u>
The subordinate clause would be “until is was completed”
The correct answer would be C. $15.
Hope helps
