The answer to the problem is D
Answer:
21 months
Step-by-step explanation:
1 month: $25.00 2 month: $50.00 3 month: $75.00 4 month: $100.00 5 month: $125.00 6 month: $150.00 7 month: $175.00 8 month: $200.00 9 month: $225.00 10 month: $250.00 11 month: $275.00 12 month: $300.00 13 month: $325.00 14 month: $350.00 15 month: $375.00 16 month: $400.00 17 month: $425.00 18 month: $450.00 19 month: $475.00 20 month: $500.00 21 month: $525.00
By the 21st month, Sam would have paid $525 making the flat fee a better choice.
Answer:
$3,000 invested at 6%
$7,000 invested at 10%
Step-by-step explanation:
Maria had total $10,000 to invest.
Let x be the amount that Maria invested initially at 6% interest rate.
0.06x
Then she invested the remaining amount at 10% interest rate.
0.10(10,000 - x)
She received a total of $880 in interest.
0.06x + 0.10(10,000 - x) = 880
0.06x + 1000 - 0.10x = 880
-0.04x = 880 - 1000
-0.04x = -120
0.04x = 120
x = 120/0.04
x = $3,000
This is the amount that Maria invested initially at 6% interest rate.
The remaining amount is
10,000 - 3,000
$7,000
This is the remaining amount that she invested at 10% interest rate.
15x plus 7
This is because you just simplify the like terms
Answer:
2 and 4
Step-by-step explanation:
