Answer:
Options A and B are true
(A) Before the authority increases tolls on any of the area bridges, it is required by law to hold public hearings at which objections to the proposed increase can be raised.
B. (B) Whenever bridge tolls are increased, the authority must pay a private contractor to adjust the automated toll-collecting machines.
Step-by-step explanation:
A. In a developed society, it's imperative for the authority to hold public hearings with stake holders to air their views before the tolls are increased, this would enable the authority to carry out proper assessment to know both the positive and negative impact of increasing the toll.
B. Increasing the tolls implies that there must be adjustment in the automated tolling machines and this would incur cost on the authority, this contract would be executed by private contractors.
Answer:
16
Step-by-step explanation:
The common ratio is 36/54 = 2/3.
So the next term is 2/3 (24) = 16.
Answer:
Month 1 : 0.002988
Month 2: 0.00299692814
Month 3: 0.00300588297
Step-by-step explanation:
Since we're only finding the interest for the first three months, it's easy to do it by performing the simple interest formula. But first, we need divide 3 by 12, since we calculate interest using years. 3/12 = 1/4 = 0.25
The standard simple interest calculation is done by multiplying the starting amount, by the interest, by the time, then dividing by 100 to put it into a percentage.
1 month = 1/12 or approximately 0.083 of the year.
Let's say P = 1. For the first month, it will be 1 x 3.6 x 0.083 = 0.2988 / 100
The second month, (1 + 0.002988) * 3.6 * 0.083 = 0.299692814 / 100
The third month, (1.002988 + 0.00299692814) x 3.6 x 0.083 = 0.300588297/100
Given the initial amount be 1, those would be the periodic interest rate during the first three months.
