The answer is 0.0190114068441065
Answer:
$25.00
Step-by-step explanation:
You already know that $85 is an additional fee added to the monthly fees.
So, you first have to subtract 85 from $685 to get the total amount of monthly fees paid over 2 years.
685-85= 600
So, you can conclude that $600 is the total amount of monthly fees paid.
Now, you want to divide 600 by (the number of months in 2 years) to get the amount of monthly fees.
Since there is 24 months in 2 years you do:
600/ 24 which equals 25.
In conclusion, you can find that the monthly fee is $25.00.
Answer:
-3.69
Step-by-step explanation:
Exponential equations can be solved by taking Ln (natural logarithm) of both sides. The rule we need to know is:

Now lets work out this problem:

Using calculator, we take the values of Ln 16 and Ln 13 as:
Ln 16 = 2.7726
Ln 13 = 2.5649
Now, we can solve for x:

x is -3.69 (rounded to 2 decimal places)