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dangina [55]
3 years ago
8

I need help please! :x:

Mathematics
1 answer:
zavuch27 [327]3 years ago
4 0

Answer:

Charge(x) = $60 + ($0.75/mile)x, where x is the number of miles driven.

Step-by-step explanation:

That $60 is the y-intercept and represents the (flat) charge per session.  The  ($0.75/mile)x represents the amount charged for the total number of miles driven.

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After 9 years the account will be worth 13709.60$

Step-by-step explanation:

We are given the following in the question:

We are given the following in the question:

P = $8000

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The compound interest is given by:

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where A is the amount, p is the principal, r is the interest rate, t is the time in years.

Putting the values, we get,

13709.60 = 8000\bigg(1+\dfrac{0.06}{12}\bigg)^{12t}\\\\\dfrac{13709.60}{8000} = \bigg(1+\dfrac{0.06}{12}\bigg)^{12t}\\\\\Rightarrow 1.7137 = (1.005)^{12t}\\\Rightarrow t \approx 9

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