A customer borrowed $2000 and then a further $1000 both repayble in 12 months. What would he have saved if he had taken out one loan for $3000 repayable in 12 months?
He took two different loans, it charged him loan processing fee twice, two-time documentation process, and of course, extra time spent for second loan. Instead, he could take single loan of $3000 with one-time processing fee, one-time documentation process, and time-saving also.
Answer:
First, we need to find how far ahead Marshall was. Since he had been biking at 20 mph for one hour, he had gone 20 miles.
Next, we need to find how long it will take Brett to catch up to Marshall. In order to do this, we need to find how much faster Brett is going than Marshall. We do this by subtracting Marshall's speed from Brett's speed.
60 - 20 = 40. So, Brett is catching up to Marshall at 40 mph. Now, we figure out how long it will take for someone going 40 miles per hour to go 20 miles. We find this by dividing 40 miles per hour by 20. This is equal to 1/2 hour. So, it will take Brett 0.5 hours to catch up to Marshall. This is the same as A, so A is the correct answer.
We can check our answer by seeing how far Marshall and Brett will have gone. Marshall will have been biking for 1.5 hours, so we multiply 20 * 1.5 = 30. Marshall went 30 miles.
Brett drove for .5 hours at 60 mph, so he went 30 miles. Since Brett and Marshall went the same distance, our answer is correct.
Answer:
Rate of change = -1
Step-by-step explanation:
Given:
f(x) = -½(x + 2)² + 5
Required:
Average rate of change from x = -3 to x = 1
Solution:
Rate of change = 
Where,
a = -3,
f(a) = f(-3) = -½(-3 + 2)² + 5 = -½(-1)² + 5 = 4.5
b = 1,
f(b) = f(1) = -½(1 + 2)² + 5 = -½(9) + 5 = 0.5
Plug in the values into the formula:
Rate of change = 
Rate of change = 
Rate of change = -1