Answer:
Month 8
In this month Company B's plan will pay $64,000 versus $45,000 from Company A.
Step-by-step explanation:
Start by calculating the monthly payments for both plans.
Month - Company A - Company B
1 $10,000 $500
2 $15,000 $1,000
3 $20,000 $2,000
4 $25,000 $4,000
5 $30,000 $8,000
6 $35,000 $16,000
7 $40,000 $32,000
8 $45,000 $64,000
9 $50,000 $128,000
10 $55,000 $256,000
11 $60,000 $512,000
12 $65,000 $1,024,000
13 $70,000 $2,048,000
14 $75,000 $4,096,000
15 $80,000 $8,192,000
16 $85,000 $16,384,000
17 $90,000 $32,768,000
18 $95,000 $65,536,000
19 $100,000 $131,072,000
20 $105,000 $262,144,000
21 $110,000 $524,288,000
22 $115,000 $1,048,576,000
23 $120,000 $2,097,152,000
24 $125,000 $4,194,304,000
In order to find each one, we need to divide 23.96/4 to find what each pound costs. After dividing, you get 5.99. Each pound costs 5.99. So for the first one just multiply 2x5.99 and get 11.98. And the second one shows 17.97 so we can just divide 17.97 by 5.99 and get 3. Just work off of that and you’ll get the rest! But the answer would turn out to be C because you add 5.99 to 23.96 and you get 29.95! Hope this helped
Answer:
$280
Step-by-step explanation:
Principal = $3,500
Time = 2 Years
Interest Rate = 4%
Interest = Principal x Time x Interest Rate
Interest = $3,500 x 2 x 0.04
Interest = $280
Answer:
5
Step-by-step explanation:
3+5+7+8+9+4+2+1+3+8=50
50/10=5
Answer:
a.y=6
b.-1/8
c.1/2
d.2800
e.-8
f.7.71
Step-by-step explanation: