Answer:
(a)His monthly Interest Rate=0.8%
(b)Annual Interest Rate = 9.6%
(c)
Step-by-step explanation:
For a Principal P invested at a yearly rate r, compounded m times in t years
Amount at Compound Interest= 
Comparing with Jerry's equation y=388 (1.008)
(a)His monthly Interest Rate= 0.008=0.8%
(b)Annual Interest Rate= Monthly Interest Rate X 12 =0.8 X 12 = 9.6%
(c)If I invest $500 at the same rate of return,
Total Money after m months
= 
The square of a binomial expands as follows:
Expanding all the binomials, we have
Sum like terms:
Simplify terms appearing on both sides:
Move all terms involving k to the left and all numbers to the right:
Divide both sides by -20:
Answer:
35=0.5x+20
Step-by-step explanation:
y=mx+b
35= money you can spend
0.5= cost of each ride
x=number of rides you ride
20= price to enter
It is my unprofessional opinion that the answer will be c.
my reasoning is because Lisa is asking for a percentage from a set amount<span />
