Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
First step is to determine Jerry total deposit
over the two years
Total deposit = 24×$5
Total deposit= $144
Now let determine what the correct balance will be at end of two years
Using this formula
Maximum Amount=Principal (1+r)^t
<em>Where</em>:
Principal=$144
r=4.8%/12 = 0.4% or 0.004
t=24 months
Let plug in the formula
Maximum Balance = $144 (1.004)^24
Maximum Balance = $158.5
Based on the above calculation both Jerry $100 and Benny $163 balance are eliminated or rule out because the correct balance after two years is $158.5
Inconclusion Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
Learn more here:
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Answer:
C. 4,100
Step-by-step explanation:
"60% more" is represented by a multiplier of 1 + 0.60 = 1.60.
"60% fewer" is represented by a multiplier of 1 - 0.60 = 0.40.
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Let b represent the number of booklets distributed by Team B. Then the number distributed by Team A is ...
1.60 × (0.40b) . . . . 60% more boxes, each with 60% fewer booklets
= 0.64b
Then the total distributed by both teams is ...
b + 0.64b = 1.64b = (164/100)b = (41/25)b
The only answer choice that is a multiple of 41 is ...
4,100 . . . choice C
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For 4100 to be the number of booklets distributed by both teams, Team B will have distributed 2500 booklets, and Team A will have distributed 1600 booklets. Team A might have distributed 160 boxes of 100 booklets, while Team B might have distributed 100 boxes of 250 booklets.
Equal to 5.13333...
Or 77/15
T= sqrt(5/wc)
remove ( )
T= 5sqrt/wc
multiply by wc
Twc=5sqrt
divide by Tc
W= 5sqrt/cT
hope this helps
