Answer:
36 years
Step-by-step explanation:
Let
x = Elga's age
Alvin's age = x + 7
Sum of their ages = 79
Sum of their ages = Alvin's age + Elga's age
79 = (x + 7) + x
79 = x + 7 + x
79 = 2x + 7
79 - 7 = 2x
72 = 2x
x = 72/2
x = 36
Elga's age = x = 36 years
Alvin's age = x + 7
= 36 + 7
= 43 years
First, determine the effective interests given both interest rates.
(1) ieff = (1 + 0.068/12)^12 - 1 = 0.07016
(2) ieff = (1 + 0.078/12)^12 - 1 = 0.08085
Calculating the interests will entail us to use the equation,
I = P ((1 + i)^n - 1)
Substituting the known values,
(1) I = ($5125)((1 + 0.07016)^1/2 - 1)
I = $176.737
(2) I = ($5125)(1 + 0.08085)^1/2 - 1)
I = $203.15
a. Hence, the greater interest will be that of the second loan.
b. The difference between the interests,
d = $203.15 - $176.737
$26.413
75% of 340 is 85 so 85 laptops were sold at Best Bargin
Week 24,assuming that both machines are cleaned at week 0, because multiples of 12 are 12, 24,36. And multiples of 8 are 8, 16, 24. 24 is also the LCM.
The unit rate is a ratio of change in y and into the change on x. It can also be the rise to run or the slope.
