Answer:
The maximum annual variable cost he can have to reach his projection is $1,940
Step-by-step explanation:
Given;
Number of miles drive per year N = 10,000 miles
Total annual Fixed cost F = $3,460
cost per mile(rate) r = $0.54 or less
Total cost = fixed cost + variable cost
Total cost = cost per mile × number of miles
Total cost = r × N = $0.54 × 10,000 = $5,400
Let V represent the total variable cost per year;
F + V ≤ r × N
Substituting the values;
3,460 + V ≤ 5,400
V ≤ 5,400 - 3,460
V ≤ 1,940
The maximum annual variable cost he can have to reach his projection is $1,940
18144 divided by 8 Distributive property
Using compound interest, it is found that the maximum amount of money he can borrow is of $8,700.
------------------------
The compound interest formula is given by:
- A(t) is the amount of money after t years.
- P is the principal(the initial sum of money).
- r is the interest rate(as a decimal).
- n is the number of times that interest is compounded per year.
- t is the time in years.
Maximum <u>monthly payments of $200 per month per five years</u>, thus:

- Interest rate of 6.5%, thus
. - Monthly payments, thus
. - Five years, thus
. - The <u>amount he can borrow </u>is the principal.





To the nearest 100, $8,700.
The maximum amount of money he can borrow is of $8,700.
A similar problem is given at brainly.com/question/15340331
<h3>
<em><u>1</u></em><em><u>3</u></em><em><u>5</u></em><em><u>.</u></em></h3>
Step-by-step explanation:
<em>3</em><em>³</em><em>.</em><em> </em><em>(</em><em>1</em><em>2</em><em> </em><em>-</em><em> </em><em>2</em><em>÷</em><em>)</em>
<em>↓</em>
<em>Calculate</em><em> </em><em>the </em><em>sum </em><em>of </em><em>difference</em>
<em>↓</em>
<em>3</em><em>³</em><em> </em><em>×</em><em> </em><em>1</em><em>0</em><em> </em><em>÷</em><em> </em><em>2</em>
<em>↓</em><em> </em>
<em>Calculate</em><em> the</em><em> </em><em>power</em>
<em>↓</em>
<em>2</em><em>7</em><em> </em><em>×</em><em> </em><em>1</em><em>0</em><em> </em><em>÷</em><em> </em><em>2</em>
<em>CHECK✓</em><em> </em><u>135</u><u>.</u>
<u>(</u><u>Confirmation</u><u> </u><u>Answer:</u><u>1</u><u>3</u><u>5</u><u> </u><u>✓</u><u> </u><u>)</u>
<u>Alternative</u><u> </u><u>Forms </u><u>:</u>
<u>1</u><u>.</u><u>3</u><u>5</u><u> </u><u>×</u><u> </u><u>1</u><u>0</u><u>²</u>
<em>Hoping </em><em>this </em><em>helps </em><em>u,</em><em> </em><em>Have </em><em>a </em><em>great </em><em>day!</em><em>:</em><em>)</em>
<em><u>#Bra</u></em><em><u>i</u></em><em><u>nlyeveryday>^_^<</u></em>
Answer:
this is geometry?
Step-by-step explanation: