(15 minutes/hour) x (1 spot / 1/2 minute) x (24 hour/day) = <u><em>720</em></u> spots/day
Answer:
See below
Step-by-step explanation:
What we can do is try it out.
20*0.6=12
since 0.6 is left
now we increase 12 by 40, or multiply it by 1.4
12*1.4= 16.8
See what is happening here is that at first when we are decreasing it by 40 percent, we are taking 40 percent of 20. However, when we increase that amount by 40 percent, we are now increasing 40 percent of 20 by 40 percent, or increasing 16 by 40 percent. Therefore, we will not get the original amount.
Answer:
N = 920(1+0.03)^4t
Step-by-step explanation:
According to the given statement a car repair center services 920 cars in 2012. The number of cars serviced increases quarterly at a rate of 12% per year after 2012.
Rate is 12 % annually
rate in quarterly = 12/4= 3%
We will apply the compound interest equation:
N=P( 1+r/n)^nt
N= ending number of cars serviced.
P= the number of cars serviced in 2012,
r = interest rate
n = the number of compoundings per year
t= total number of years.
Number of compoundings for t years = n*t = 4t
Initial number of cars serviced=920
The quarterly rate of growth = n=4
r = 3%
The growth rate = 1.03
Compound period multiplied by number of years = 920(1.03)^4t
Thus N = 920(1+0.03)^4t
N = number of cars serviced after t years...
53.778 is the answer. I hope this helps and have a good day!
