How much would $300 invested at 7% interest compounded continuously be
1 answer:
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Answer
Sorry! number 12 is 2
Step-by-step explanation:
Options were not present in the question we are Stating below;
Rashida owns a bike rental company. She charges an initial fee of $10 for each rental and an hourly rate of $4. A customer paid $34 for a bike rental. Which of the equations below could be used to find how many hours, x, the customer rented the bike?
Answer:
Step-by-step explanation:
Given:
Amount customer paid = $34
Initial fee = $10
Hourly rate = $4
We need to write the equation used to find how many hours, x, the customer rented the bike.
Solution:
Let the number of hours customer rented the bike be 'x'.
Now we can say that;
Amount customer paid is equal to sum of Initial fee plus Hourly rate multiplied by number of hours customer rented the bike.
framing in equation form we get;
Hence The equation used to find number of hours customer rented the bike is .