Answer:
she is wrong, offer 2 results in lower interests
Step-by-step explanation:
total amount paid if offer 1 is accepted:
$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40
she will pay $365.40 in interests
total amount paid if offer 2 is accepted:
($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363
she will pay $363 in interests
Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40
Answer:
7/9
Step-by-step explanation:
Answer:
H. the number of orchestra seat is 900
Step-by-step explanation:
Step one:
let the number of orchestra seat be x
and balcony seat be y
cost of orchestra= $50 each
cost of balcony =$40 each
total tickets= 1500
x+y= 1500----------1
amount earned= $69000
50x+40y=69000--------2
The system of equation for the situation is
x+y= 1500----------1
50x+40y=69000--------2
from 1, x=1500-y
put this in equation 2
50(1500-y)+40y=69000
75000-50y+40y=69000
-10y=69000-75000
-10y=-6000
divide both sides by -10
y=-6000/-10
y=600
put y= 600 in equation 1
x+600= 1500
x=1500-600
x=900
Answer:
83.2 cm^2
Step-by-step explanation:
To solve this we're going to find the area of the bigger triangle (the shaded and unshaded parts together) and then the area of the smaller triangle (the unshaded part) and then subtract that from the area of the bigger triangle. We're going to use the equation: Area=1/2 x base x height. So the base of the big triangle is 16, and the height is (10.4+8.6 = 19). Put into the equation this looks like this: Area=1/2 x 16 x 19, so by multiplying we find that the area is 152 cm^2. Next we find the small triangle's area, Area=1/2 x 16 x 8.6, so the area is 68.8. Then to find the area of the shaded part, we subtract the unshaded area (68.8) from the whole area (152), 152-68.8=83.2.