Answer:
$216
Step-by-step explanation:
This question does not involve interest, so all we need to do is to divide the total of payments ($10,368) by the number of payments (48):
$10,368
--------------- = $216/month
48
Answer:
54
Step-by-step explanation:
6(1-(-8))
6(9)
54
Answer:
a). The company's percentage=60%
b). The total premium=$812.50
c). The company's payment=$487.50
Step-by-step explanation:
a).
The total premium can be expressed as;
T=H+R
where;
T=proportion of total premium
H=proportion paid by Harold Wagner
R=remaining proportion
In our case;
T=100%
H=40%
R=r
replacing;
100%=40%+r
r=100%-40%
r=60%
The company's percentage=60%
b).
The total premium, if 40%=$325.00
Let total premium be=t
40% of t=325
(40/100)×t=325
0.4 t=325
t=325/0.4
t=$812.50
The total premium=$812.50
c).
The company's payment=60% of total premium
The company's payment=(60/100)×812.5
The company's payment=$487.50
Equation of a line:

m = gradient: The difference between two y points and two x points.

c = y-intercept: Where the line crosses the y-axis (x=0)
You have:

so you are missing the m and the c.
To calculate m find two y coordinates -you have (12,
<u>7</u>) and (0, <u>
1</u>)- and subtract them. Then divide this by the subtracted values of the x coordinates -you have (<u>
12</u>, 7) and (<u>
0</u>, 1)- This gives:



To calculate the c, you just see where the line crosses the y-axis. Because you have the point (0, 1), you know that when x=0, y=1. Because x=0 is on the y-axis, you can tell that the line passes through y=1. This makes your c = 1:

When you plug these values into the equation you get your answer:
<u>At Hayden's:</u>
<u>At Austins:</u>

As we can see in both results, it would take them
(4 hours) for the prices to be equaled.