The month in which Company B's payment will first exceed Company A's payment is C) Month 7.
Step-by-step explanation:
Step 1:
Company A offers $6,000 for the first month and increases the salary each month by $5,000.
Company B offers $700 for the first month but doubles the payments each month.
We need to determine which month company B's payment is greater than company A's payment.
Step 2:
According to the table, at month 6 company A pays $31,000 while company B pays $22,400.
However after this month, in the seventh-month company A pays $36,000 while company B pays $44,800, which is higher than company A's salary.
So The month in which Company B's payment will first exceed Company A's payment is C) Month 7.
Answer:
y = -3(x+2)^2 - 6
Step-by-step explanation:
y = a(x+2)^2 -6
-18 = a(-2)^2 - 6
-12 = 4a
a = -3
y = -3(x+2)^2 - 6
Answer:
Rate = 6.56%
Step-by-step explanation:
Principal (P) = $5000
Interest (I) = $6312
Time (T) = 4 years
Rate (r) = ?
This question is involves simple interest and with the formula, we can easily plug in the values to find the rate.
S.I = P(1 + rt)
S.I = simple interest
P = principal
R = Rate
T = Time
6312 = 5000(1 + r*4)
6312 = 5000 + 5000*4r
6312 - 5000 = 20000r
1312 = 20000r
r = 1312 / 20000
r = 0.0656
Rate are calculated in percentage hence we'll multiply it by 100
R = 6.56%
Start with parentheses first
Afterwards do exponents
Next do either multiplication or division (L to R)
Then Addition and Subtraction (L to R)
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Then solve to find your answer
Answer:
270 minutes per boy.
Step-by-step explanation:
45 mins each week
multiplies by 6