Answer:
P = 150 - 25w
Step-by-step explanation:
Amount borrowed = $150
Repayment amount = $25 each week
P = amount Nancy owes
w = number of weeks
Amount Nancy owes = amount borrowed - repayment plan per week
P = 150 - 25w
During the first week of repayment: when w = 1
P = 150 - 25w
P = 150 - 25(1)
= 150 - 25
= 125
P = $125
Answer:
Kindly check explanation
Step-by-step explanation:
Given that :
Balance prior to statement date = - 3.46
Minimum bank balance to avoid penalty = $10
The amount of deposit, d made in time in other to avoid penalty fee?
Minimum amount that most have been deposited, d :
Balance prior to statement + d ≥ minimum bank balance to avoid penalty
-3.46 + d ≥ 10
d ≥ 10 + 3.46
d ≥ 13.46
Hence, the minimum amount that must have been deposited to avoid penalty is 13.46
The answer is 240.5 hope you get the question
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