What is the midpoint of the segment below?
1 answer:
You might be interested in
Answer:
time is 6.76 years
Step-by-step explanation:
given data
amount = $150
payment = $100
rate r = 6% = 0.06
to find out
time period t
solution
we know it is compounding continuous
so we will apply here formula that is
amount = payment × ..........1
put here all value we get
amount = payment ×
150 = 100 ×
take ln both side
ln 1.5 =
0.40546 = 0.06t
t = 0.40546 / 0.06
t = 6.76
so time is 6.76 years
Answer:
You have to buy more than 20 books to make Cool Cover Bookstore club a better deal.
Step-by-step explanation:
Given that:
Fee charged by Fun Reads Bookstore = $40
Charges per book = $5
Let x be the number of books.
A(x) = 5x+40
Fee charged by Cool Covers Bookstore = $100
Charges per book = $2
B(x) = 2x+100
For making Cool Cover Bookstores club a better deal,
B(x) > A(x)
2x+100 > 5x+40
2x-5x > 40-100
-3x > -60
Dividing both sides by -3
Hence,
You have to buy more than 20 books to make Cool Cover Bookstore club a better deal.