Elaine's piece is bigger because when you look at the tenths place, you can see that 1 is bigger than 0.
C
explanation : the equation is division and since you don’t know what the variable x is, you multiply 3 and 12 to find x
:-):-):-):-):-)
Step-by-step explanation:
1) 40÷10
2) 40÷2
We have that every quarter, he will get an 0.8% interest rate. We also have that there will be 14*4=56 periods of repayment. We have that by the formula, if there are n periods and x% is the interest rate, the capital is multiplied by (100+x%)^n.
Suppose Micah invests x money. Then, we have that after 14 years, the capital available will be C=

. We have that C=18500$ and hence that 18500=x*1.562. Thus, solving for x we have that x=11841$.
Micah will need to invest only 11841$ in order to pay for his boat; this shows the importance of saving since he earns a lot of money, around 7k $.
Answer:
C
Step-by-step explanation:
Saw it on a quizlet