Answer:
12 cents
Step-by-step explanation:
opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
by loaning matt the money he forgoes the opportunity to earn 12 cents in interest. this is his opportunity cost
Choosing a color, number, or restaurant
Answer:
f(x) = x * -3
Step-by-step explanation:
so, you have x and you have f(x), as you can see -4 turns into 12... you basically have to divide, multiply, add or subtract for each value to see what they have in common, here it's easy since -4 * -3 is 12, -2 * -3 is 6, 0 * -3 is 0, etc etc. hope it helped : )
Keeping in mind that, there are 12 months in a year, therefore, 7 months is really just 7/12 of a year.