Answer:
Monthly payment = $81.20
Step-by-step explanation:
The tires price including tax = $950
The down payment = $50
Remaining amount = $950 - $50 = $900
He has to take loan for $900
P = $900
Rate per monthly =18%/12 = 18/100 ÷12 = 0.18÷12 =0.015
n =12 months
Here we have to use the formula
Monthly payment = [p*r*(1+r)^n ÷ (1 + r)^n - 1]
= (900*0.015*(1+0.015)^12 / (1+0.015)^12 - 1)
= (13.50*1.015^12) ÷ [(1.015)^12 -1]
= 16.14 ÷ [ 1.20 -1]
=16.24 ÷0.20
= $81.20
Monthly payment = $81.20
Thank you.
Answer:
Grows, Factor of 2
Step-by-step explanation:
The relationship between the elapsed time, t, in years, since Takumi started studying his tree, and the total number of its branches, N(t), is modeled by the function:
For illustration, let us take the growth for the first three years after he started studying the number of branches.
We notice that for each subsequent year, the number of branches doubles.
Therefore:
Every year, the number of branches <u>grows</u> by a factor of <u>2.</u>
I believe the answer would be always. Hope this helps
Answer:
its 24
Step-by-step explanation:
Answer:
option (B) 20
Step-by-step explanation:
Data provided in the question:
Number of photographs initially sold = 20
selling price of first 20 photographs = $10 each
Therefore,
Revenue from 20 photographs = 20 × $10 = $200
Selling price of further photographs = $15
Let the number of additional photographs sold be 'x'
thus,
total revenue = $200 + $15x
now,
according to the question
80% of ($200 + $15x) = $400
or
0.80 × ($200 + $15x) = $400
or
($200 + $15x) = $500
or
$15x = $300
or
x = 20
Hence,
the answer is option (B) 20
