Your best bet would be D.
Answer:
Difference in cash and plan = $155 - $149.50 = $5.50
Interest Rate = 3.68%
Step-by-step explanation:
Given:A food processor for $149.50 cash, or $5.00 down and $10.00 per month for 15 months
A food processor by cash = $149.50
Payment plan = Down payment + $10*15 months
= $5 + $10*15
= $5 + $150
Payment plan = $155
Difference in cash and plan = $155 - $149.50 = $5.50
Now we have to find the interest rate
= (difference/original)*100
= (5.50/149.50)*100
Interest Rate = 3.68%
10 percent of 11.50 is 1.15. Subtract that from 11.50 and you would get 10.35. The sale price would be $10.35
The number 1.04 represents the rate at which the house appreciates, or increases in its price annually.
As according to the values of an exponential equation, which is represented by this: y=ab^x, the a value represents the original price, the b value represents the rate of growth/decay (if growth, you add 1 to the rate, if decay, you subtract the rate from 1), and x represents the amount of times it decays or grows.
As according to the function <span> f(x) = 242,000(1.04)^x, 242,000 is the original price and 1.04 is the rate of growth since 1 has been added to the the 4% annual growth.</span>
<u>Answer</u>
4m
<u>Explanation</u>
Δqrp is a right triangle.
If ps = 6m then, qp = 3m. So we can find line pr using pythagoras theorem.
rp = √(5²-3²) = √16 = 4m
The Δqrp≡Δqtp.
