Answer:
5 hamburger packages and 6 bun packages
Step-by-step explanation:
It is asking for the highest common multiple of 12 and 10. the first time a multiple of 12 is divisible by 10 is at 12x5, which is 60. now divide 60 by 12 and 10, 5 and 6.
3 x3 = 9 4 x 3 =12 6 x 2 = 18 3 x
<span>The simple interest formula is:
A = P · (1 + r · t)
where:
A = total amount
P = principal
r = rate
t = time
Let's solve for r:
A = P + P · r · t
P · r · t = A - P
r = (A - P) / (P · t)
The quantity A - P is defined as the Interest, therefore:
r = I / (P <span>· t)
= 1020 / (8500 </span>· 4)
= 0.03
Therefore the rate was 3%.
</span>
Answer: Yes he will be
Step-by-step explanation:
To find out if Ted can afford the car, find the future value of $4,300 in three years.
First convert the number of years and rates to quarterly values as this is the compounding period:
Term = 3 * 4 quarters = 12 quarters
Rate = 5.5% / 4 = 1.375% per quarter
Future value = Amount * ( 1 + rate) ^ term
= 4,300 * ( 1 + 1.375%)¹²
= $5,065.69
<em>Considering that Ted makes $5,065.69 in 3 years, he will be able to buy a car that costs $4,700.</em>
