Answer:
We will choose option D.
Step-by-step explanation:
Milton took out a loan for $2400 at 7% interest compounded annually.
So, after one year his loan will grow up to
dollars.
Therefore, the interest added to the principal is $(2568 - 2400) = $168
But Milton makes yearly payment of $140 which is less than the interest i.e. $168 which is added to his loan in the first year.
Therefore, he can not ever pay off the loan.
So, we will choose option D. (Answer)
Let m = the amount books Rachel sold on Monday.
then t = the amount books Rachel sold on Tuesday.<span>
then w = </span><span>the amount books Rachel sold on Wednesday.
On Tuesday she sold twice as she did on Monday.
t = m * 2
On Wednesday she sold 6 fewer books than she did on Tuesday
w = t - 6
Now for the fun.
t = m * 2
w = t - 6
Substitute t for real value
w = m * 2 - 6
Now solve for m.
w - 6 = m * 2 <-- Transpose the 6
(w-6)/2 = m <-- Transpose the 2.
m = (w-2)/2 < The Law of Reflexive Property of Equality</span>
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