Answer:
So we will be saving a total of $0.7 at new rate
Step-by-step explanation:
Given:
Original price =$ 0.69
New price = $ 2.75 per 5 switches
To find:
Saving = ?
Solution:
The original per price of the switch is given as = $ 0.69
Discounted price of 5 switches at $2.75
5 Switch price at original price = Original price * No of switches
= 0.69 * 5
= $ 3.45
Total saving at buying 5 switches = 3.45 - 2.75
=$0.7
So we will be saving a total of $0.7 at new rate
The rate in words per minute would be 3 because 18/6 is equal to 3
The answer is B. y-4 = 3(x+2)
Given:
Principal : $6,000
Interest Rate: 5%
Term : 8 years, compounded annually.
The term compounded annually is a hint that informs us to use the compounded interest formula instead of the simple interest formula.
Compounded interest formula is:
A = P(1 + r/n)^nt
where:
A = future value of loan or investment including the interest
P = principal
r = rate
n = the number of times the interest is compounded per year
t = the number of years the money is borrowed or invested
A = P (1 + r/n)^nt
A = 6,000 (1 + 0.05/1)¹ * ⁸
A = 6,000 (1.05)⁸
A = 6,000 (1.48)
A = 8,880
The total amount Ryan will pay after 8 years is $8,880.00
