Alonzo will rent a car for the weekend. He can choose one of two planes. The first plan has an initial fee of $38 and cost an ad
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Answer:
Width 150 meters.
Length = 350 meters.
Step-by-step explanation:
Let us assume the width of the fence = k meters
So, both sides = k + k = 2k meters
Also, the TOTAL fencing length = 600 m
So, the one side length of the fence = (600 - 2 k) meters
AREA = LENGTH x WIDTH
⇒ A(k) = (600 - 2k) (k)
or, A = -2k² + 600 k
The above equation is of the form: ax² +bx + C
Here: a = - 2 , b = 600 and C = 0
As a< 0, the parabola opens DOWNWARDS.
Here, x value is given as:
Solving for the value of k similarly, we get:
Thus the desired width = k = 150 meters
So, the desired dimensions of the plot is width 150 meters.
And length = 650 - 2k = 650 - 300 = 350 meters.
This question can be approached using the present value of annuity formula. The present value of annuity is given by 
, where: PV is the present value/amount of the loan, P is the periodic (monthly in this case) payment, r is the APR, t is the number of payments in one year and n is the number of years.
Given that the<span> financing is for a new road bike of $2,500 and that the bike shop offers a 13.5% APR for a 24 month loan.
Thus, PV = $2,500; r = 13.5% = 0.135; t = 12 payments (since payment is made monthly); n = 2 years (i.e. 24 months)
Thus,
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<span>
Therefore, his monthly payment is $119.44</span>
Given that the<span> financing is for a new road bike of $2,500 and that the bike shop offers a 13.5% APR for a 24 month loan.
Thus, PV = $2,500; r = 13.5% = 0.135; t = 12 payments (since payment is made monthly); n = 2 years (i.e. 24 months)
Thus,
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<span>
Therefore, his monthly payment is $119.44</span>