The mean is 52 because 42+45+58+63=208 then you divide it by the amount of numbers: 4 : 208 divided by 4= 52
We need to call for x minute
+ Phone Company A charges a monthly fee of $42.50, and $0.02 for each minute talk time. So we have to spend: <span>$42.50+ $0.02x
+ </span>Phone company B charges a monthly fee of $25.00, and $0.09 for each minute of talk time. So we have to spend: <span>$25.00+ $0.09x
We solve for x: </span>$42.50+ $0.02x> <span>$25.00+ $0.09x
or </span>$42.50- $25.00 > $0.09x- <span>$0.02x
and we have $0.07x<$27.50
or x< 27.50:0.07 and x< 393.86
The answer is:
If we have to call much time, at least 394 minutes, we should choose A
If not, choose B</span>
Answer: Rs. 11,520
Step-by-step explanation:
As the method of compounding is not stated, the default of simple interest will be used.
Simple interest is a fixed amount that is paid over the course of the loan and is based on the original amount borrowed.
Formula is:
Amount owed = Amount borrowed * ( 1 + rate * time)
= 8,000 * ( 1 + 8% * 5.5 years)
= 8,000 * 1.44
= rs 11,520