Mrs. Harrison made some muffins.
2 answers:
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Answer:
2500 pence (C = 2500)
Step-by-step explanation:
From the given information, t is the number of texts so essentially you will plug in the number of texts provided (150) in the place of the variable t.
Apply the same thing to minutes, plug in the number of minutes (50) in the place of the variable m.
Now multiply the substitutes with the co-efficient. (10*150=1500 & 20*50=1000)
Add the addends
C = 2500
Answer:
3.045%.
Step-by-step explanation:
We are asked to find the corresponding effective interest rate for 3% per year compounded continuously.
We will use effective interest formula to solve our given problem.
, where,
r = Effective interest rate,
e = Mathematical constant,
r = Interest rate in decimal form.
Let us convert given interest rate in decimal form.
Substitute values:
Convert into percentage:
Therefore, the corresponding interest rate would be 3.045%.