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Fiesta28 [93]
3 years ago
13

Peyton wrote this expression to describe the amount he paid for each sandwich that costs the same amount. Which situation could

be described by this expression? A. Peyton knows he paid $15 for a sandwich. He does not know the total amount he spent. B. Peyton knows he paid a total of $15. He does not know how much he paid for drinks. C. Peyton knows he paid a total of $15. He does not know how many sandwiches he bought. D. Peyton knows that each sandwich cost $15. He does not know how many sandwiches he bought.
Mathematics
1 answer:
Leno4ka [110]3 years ago
6 0
I think it is d because it would be 15 x b = 60. Hope I got this right
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Answer:

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Step-by-step explanation:

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7. A man makes a simple discount note for $6,200, at an ordinary bank discount rate of 8.84%, for 40 days. What is the effective
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Answer:

The effective interest rate, rounded to the nearest tenth, is 0.1%.

Step-by-step explanation:

The banker's rule is the simple interest formula.

The simple interest formula is given by:

E = P*I*t

In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly) and t is the time, in years.

The effective interest rate is given by the following formula:

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In this problem, we have that:

A man makes a simple discount note for $6,200, at an ordinary bank discount rate of 8.84%, for 40 days. We consider that the year has 360 days. This means that P = 6200, I = 0.0884, t = \frac{40}{360} = \frac{1}{9}.

So

E = 6200*0.0884*\frac{1}{9} = 60.9

The effective interest rate is

E_{IR} = \frac{E}{P} = \frac{60.9}{6200} = 0.0098 = 0.001

The effective interest rate, rounded to the nearest tenth, is 0.1%.

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8% of US states start with W
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Step-by-step explanation:

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Step-by-step explanation:

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