If it is a simple interest account he will make $150 in interest after 10 years.
Answer: Yes
Step-by-step explanation:
Given that:
Distance from present location to CheapGas = 4 miles
Price of gas at CheapGas is $0.37 cheaper
Hence, the decision to make a U-turn back to CheapGas or continue on intended destination will rely on two factors ;
1) The number of gallons of gas to purchase
2) The cost of gas required to return to cheap gas.
If a substantial amount of gas is to be purchased, may be 50, 100 or more gallons, the amount saved by making a turn back to cheapGas and purchase gas at $0.37 cheaper per gallon.
