I think it'd be 1/16 of the band because you'd multipy 1/4 by 1/4
Answer:
Step-by-step explanation:
-2y=-3x+6
y=1.5x+-3
the slope is 1.5
Total amount paid by Chris = 4000 + (22500 - 4000)(1 + 0.03)^5 = 4000 + 18500(1.03)^5 = 4000 + 21446.57 = $25446.57
Total amount paid by John = 5000 + (22500 - 5000)(1 + 0.12)^5 = 5000 + 17500(1.12)^5 = 5000 + 30840.98 = $35,840.98
John paid $10,394.41 more than Chris.