Option C. y = 0.06x + 1200
In that function 1200 represents the flat monthly salary, x is the value of the items sold and 0.06 means that teh percentage is 6%.
Answer:
Amount she would have in 2 years at a simple interest of is
$5000 + ($5000 x 0.048 x 2) = $5480
Amount she would have in 2 years at a 4.1 % / year compounded semi- annually is :
$5000 x ( 1 +0.041/2)^4 = $5422.78
the first option yields a higher value in two years when compared with the second option. Thus, the first option is the best one to choose
Step-by-step explanation:
Future value with simple interest = principal + interest
Interest = principal x interest rate x time
0.048 x 5000 x 2 = 480
future value = $480 + 5000 = $5480
The formula for calculating future value with compounding:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
5000 x ( 1 + 0.041 / 2)^(2 x 2) = $5422.78
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Step-by-step explanation:
Answer:
Step-by-step explanation:
This question is about the benefits of estimation.
1300/13 is easy and results in 100.
1287/13 can be approximated by 1300/13: 1287/13 ≈ 100.
Actually, 1287 = 1300 - 13 = 13(99); just subtract 1 from 100.
So: 1287/13 = 1300 - 13 = 1287. A nice bit of mental math!
Answer:
no
Step-by-step explanation:
The x value of 5 is repeated making it not a function.
