Answer:
12 45 67 88 90
Step-by-step explanation:
Answer:
15000(1.003425)^12t ;
4.11%
4.188%
Step-by-step explanation:
Given that:
Loan amount = principal = $15000
Interest rate, r = 4.11% = 0.0411
n = number of times compounded per period, monthly = 12 (number of months in a year)
Total amount, F owed, after t years in college ;
F(t) = P(1 + r/n)^nt
F(t) = 15000(1 + 0.0411/12)^12t
F(t) = 15000(1.003425)^12t
2.) The annual percentage rate is the interest rate without compounding = 4.11%
3.)
The APY
APY = (1 + APR/n)^n - 1
APY = (1 + 0.0411/12)^12 - 1
APY = (1.003425)^12 - 1
APY = 1.04188 - 1
APY = 0.04188
APY = 0.04188 * 100% = 4.188%
Let x be the number of days.
Daily pass:
65x + 30x
95x
Season pass:
400 + 30x
95x > 400 + 30x
65x > 400
x > 6.15
The number of days can't be 6.15, so you must round. You can't go down because then the price will be more expensive, so you have to round up.
It would take 7 days until the season pass is less expensive than the daily pass.
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You can check this by plugging in the x.
95x > 400 + 30x
95(7) > 400 + 30(7)
665 > 400 + 210
665 > 600
The daily pass is more expensive than the season pass.
Answer:
A. real numbers, rational numbers
Step-by-step explanation:
An integer is a whole number, -2/15 is not whole. It is real and rational.