This is an example of a nominal level of measurement.
In a nominal level of measurement, we are just classify the type of a variable. In this case, we are assigning a specific brand type to a particular cereal.
Answer:
124 people
Step-by-step explanation:
Answer:
Simple interest is calculated using initial principle while compound interest is calculated considering the interest also .
Step-by-step explanation:
Interest is the cost of borrowing money, where the borrower pays a fee to the lender for using his money. The interest, typically expressed as a percentage, can either be compounded or simple .
Simple interest is based on the principal amount , while compound interest is based on the principal amount and the interest that adds onto it in every period and the final principle is used for calculating the interest.
Simple interest is calculated on the principal amount of a loan and it's easier to find out than compound interest.
Answer:
You have to buy more than 20 books to make Cool Cover Bookstore club a better deal.
Step-by-step explanation:
Given that:
Fee charged by Fun Reads Bookstore = $40
Charges per book = $5
Let x be the number of books.
A(x) = 5x+40
Fee charged by Cool Covers Bookstore = $100
Charges per book = $2
B(x) = 2x+100
For making Cool Cover Bookstores club a better deal,
B(x) > A(x)
2x+100 > 5x+40
2x-5x > 40-100
-3x > -60
Dividing both sides by -3

Hence,
You have to buy more than 20 books to make Cool Cover Bookstore club a better deal.
So this way we can do it. Thankyou!