Answer:
139 ( D )
Step-by-step explanation:
Interest rate on loan = 4% = 0.04
Number of payments = 15
First 10 payments = 100 each
last 5 payments = 200 each
Calculating the value of K
K = [ ( 100 / 0.04 * ( 1-1 / 1.04^10 ) + 200/0.04 * ( 1-1 / (1 +0.04)^5)* 1 /1.04^10)
* 1.1 - 100 / 0.04 * ( 1-1 / (1+0.04)^5 ) - 200/0.04 * (1-1 /1.04^5) * 1/1.04^10)*0.04 / ( 1-1 / 1.04^5) * (1 + 0.04)^5
= 138.6051 ≈ 139
Answer:
48 km.
Step-by-step explanation:
Multiply 6 and 8, you get 48.
His estimation is not reasonable because if you can only fit 12 bottles in a box and he has 10 boxes then he could only fit 120 out of the 200 bottles so he is short on boxes
Answer:
6,000 dollars
Step-by-step explanation:
We first need to find out how much it would cost Danielle for a month if she chose the second option
200 + 40 = 240
240 x 30 = 7,200
Now that we know how much Danielle would pay if she chose the second option, now we need to find out how much she <em>saved</em>.
7,200 - 1,200 = 6,000
So Danielle saved 6,000 dollars by choosing the first option instead of the second one.
Answer:
It will take 5 weeks for you and your friend to have the same balance
Step-by-step explanation:
Let
Your savings expression be
135 + 12x
Your friends savings expression
95 + 20x
Where,
x = number of weeks for you and your friend to have the same balance
Equate the two expressions
135 + 12x = 95 + 20x
Collect like terms
135 - 95 = 20x - 12x
40 = 8x
Divide both sides by 8
40/8 = x
x = 40/8
= 5
x= 5 weeks
Check
Your savings expression
135 + 12x
135 + 12(5)
=135 + 60
= $195
Your friends savings expression
95 + 20x
95 + 20(5)
= 95 + 100
= $195
Therefore, It will take 5 weeks for you and your friend to have the same balance