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3 years ago

5

Abel rented a jet ski. He paid $27 for each hour and $15 to rent a life jacket for the day. He returned the items after 4 hours.

How much money does Abel have to pay?

1 answer:

marissa [1.9K]3 years ago

6 0

Answer:

123

Step-by-step explanation:

27 x 4 + 15

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$\bf ~~~~~~ \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$150\\
r=rate\to 8\%\to \frac{8}{100}\to &0.08\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{annually, thus once}
\end{array}\to &1\\
t=years\to &13
\end{cases}
\\\\\\
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