Answer:
Option C is the correct answer.
Step-by-step explanation:
Looking at the functions given,
Initial amount deposited into the account is $150 This means that the principal is
P = 150
It was compounded quarterly. This means that it was compounded 4 times in a year. So
n = 4
The rate at which the principal was compounded is 3%. So
r = 3/100 = 0.03
It was compounded for x years. So
t = x years
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. Therefore, the
function that models the value in x years of an investment at 3% annual interest compounded quarterly would be
150 (1+0.03/4)^4×x
150 (1 +.0075)^4x
75 miles per hour means,
75 miles per 60 minutes.
And this makes 1.25 miles per 1 minute.
1 mile is 1760 yards.
So 1.25 miles is ;
1.25 * 1760 = 2200 yards.
Answer is 2200 yards per minute.
The midpoint is the number exactly between the numbers
0+4= 4
4/2 = 2
Answer:
40%
Step-by-step explanation:
Given that :
Cost of production of small latte = 2.10
Sale price of small latte = 2.94
The Markup = Sale price of small latte - cost of production of small latte
The Markup = 2.94 - 2.10 = 0.84
Percentage Markup = (0.84 / 2.10) * 100%
Percentage Markup = 0.4 * 100% = 40%