Keep in mind both the distance and time of the scenarios. The faster and more distance travelled = a higher gradient for the line. If he slows, the gradient decreases. If he stops, the line is flat but time still goes on.
Answer:
49
Step-by-step explanation:
The sales tax is $7.67
In total, with the sales tax, the phone would be $92.65
Answer:
C = 0.65x + 145
Step-by-step explanation:
Assume:
Number of miles = x
Annual maintenance = $145
Total reimbursement = C = $0.65*x + $145 = $0.65x + $145
The capital formation of the investment function over a given period is the
accumulated capital for the period.
- (a) The capital formation from the end of the second year to the end of the fifth year is approximately <u>298.87</u>.
- (b) The number of years before the capital stock exceeds $100,000 is approximately <u>46.15 years</u>.
Reasons:
(a) The given investment function is presented as follows;
(a) The capital formation is given as follows;
From the end of the second year to the end of the fifth year, we have;
The end of the second year can be taken as the beginning of the third year.
Therefore, for the three years; Year 3, year 4, and year 5, we have;
The capital formation from the end of the second year to the end of the fifth year, C ≈ 298.87
(b) When the capital stock exceeds $100,000, we have;
Which gives;
The number of years before the capital stock exceeds $100,000 ≈ <u>46.15 years</u>.
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