Answer:
P = $300
r = 0.15
n = 12
$544.61 (to the nearest cent)
$524.70 (to the nearest cent)
Step-by-step explanation:
P = principal amount = $300
r = annual interest rate in decimal form = 15% = 15/100 = 0.15
n = number of times interest is compounded per unit t = 12
<u>How much she'll owe in 4 years</u>
P = 300
r = 0.15
n = 12
t = 4
= $544.61 (to the nearest cent)
<u>Yearly compounding interest rate</u>
<u>How much she'll owe in 4 years at yearly compounding interest</u>
= $524.70 (to the nearest cent)
Answer:
sorry foe being late
Step-by-step explanation:
Mick would pay $4.06 in sales tax for an item that costs $58.00.
This can be found by working backwards in the problem. By dividing that sales tax paid (2.94) by the dollars before tax (42), you get a percentage that should equal the percentage of the total paid for tax.
2.94 ÷ 42 = 0.07
This means that the sales tax is 7% of the total prior to tax. So we'd then multiply our dollars (58) with the sales tax in decimal form (0.07)
58.00 × 0.07 = 4.06
Hope I could help!
A. the end of the equation is a set amount because there is no exponent with it, so the answer would be 11.32
B) replace x with 10 and solve the equation:
y = 1.84(10) +11.32 = 18.40 + 11.32 = $29.72
C) The number with the exponent would be the increase per hour, the answer would be $1.84
Answer:
<h3>
3n + 3</h3>
Step-by-step explanation:
The consecutive integers are increasing by 1
n ← the smallest integer
n+1 ← the middle integer
n+1+1 = n+2 ← the largest integer
The sum:
S = n + n+1 + n+2
S = 3n + 3
