Dave is helping his grandmother make trail mix. His grandmother ask
1 answer:
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Solution:
As per the problem
Maxine took out a loan for $3200 at 8% interest, compounded annually.
she makes yearly payments of $250.
she will be able to Payoff her loan iff yearly payments made is greater than yearly interest.
Interest payable in first year
Interest payable in first year
This payable interest will goes on increasing year on year.
Hence Maxine will never payoff the loan.
Answer:
Step-by-step explanation:
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1. If Sheryl works 6.5 hours in a day, she makes approximately 85 currency.
2A. If Sherly had not worked for a single hour, she would get no money.
If she worked for 1 hour, here wage would approximately be equal to 13 currency.
If Sheryl works 9 hours she will make approximately 117 currency.
Step-by-step explanation:
Step 1:
To calculate how much Sheryl makes if she works 6.5 hours a day, we check the graph to see what the y value of the graph is when .
When , the line falls on
So if Sheryl works 6.5 hours in a day, she makes approximately 85 currency.
Step 2:
The two points on the graph are at (0, 0) and (1, 13).
This means that if Sherly had not worked for a single hour, she would get no money.
If she worked for 1 hour, here wage would approximately be equal to 13 currency.
These two statements explain the two points on the graph.
Step 3:
To calculate how much Sheryl makes if she works 9 hours, we must create an equation that represents how much money she makes.
If she earns approximately 13 currency an hour, her wage is , where x is the number of hours worked and y is the wage.
When ,
So if Sheryl works 9 hours she will make approximately 117 currency.