A drawing of a triangle. The base equals 15 centimeters and height equals 8 centimeters.
2 answers:
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To find the better buy divide 4.50 by 5 to find the unit rate for the 5-pound bag, and compare that number to $0. 80 per pound.
The cost price per pound is the amount of money required to buy one pound of a brand or goods.
To find the cost price per pound, divide the total amount of cost of the goods to the total number of goods.
At one farmer’s market, bananas cost $0.80 per pound.
At another farmer’s market, bananas are sold in 5-pound bags for $4. 50 per bag. To compare it with first market price, divide the 5 pound bags with $4.50.
The cost of one bag in this market is,
As this cost is less, thus, the cost of this market for one banana is less than the first market and so this is the better buy.
Hence, to find the better buy divide 4.50 by 5 to find the unit rate for the 5-pound bag, and compare that number to $0. 80 per pound.
Learn more about the cost price per pound here;
Answer:
Step-by-step explanation:
Exponential function representing final amount with compound interest compounded continuously,
Here, A = Final amount
P = principal amount
r = Rate of interest
t = Duration of investment
For P = $9600
r = 6%
A = 2 × 9600 = $19200
By substituting these values in the formula,
ln(2) = 0.06t
t =
t = 11.55245
t ≈ 11.5525 years
Any amount will get doubled (with the same rate of interest and duration of investment) in the same time.
Therefore, $960000 will get doubled in 11.5525 years.