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Kaylis [27]
3 years ago
6

Aubrey’s monthly bank statement shows a total of $51 in fees for ATM withdrawals. If Audrey made 17 withdraws, what is Audrey ch

arged for each withdrawal?
Mathematics
1 answer:
Tpy6a [65]3 years ago
7 0

Answer:

Audrey was charged $3 for each withdrawal.

Step-by-step explanation:

We have to calculate the amount of money charged on one transaction.

In order to find the amount for one ATM withdrawal, the total amount for ATM withdrawals will be divided by number of withdrawals.

Given

Total\ ATM\ withdrawal\ fees = \$51\\Total\ withdrawals = 17\\Amount\ for\ one\ withdrawal = \frac{Total\ fees}{No.\ of\ withdrawals}\\= \frac{51}{17}\\= \$3

Hence,

Audrey was charged $3 for each withdrawal.

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Answer:

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Step-by-step explanation:

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2 years ago
Zoey invested $230 in an account paying an interest rate of 6.3% compounded daily.
alukav5142 [94]

Answer:

A ≈ $500

General Formulas and Concepts:

<u>Pre-Alg</u>

  • Order of Operations: BPEMDAS

<u>Algebra I</u>

Compounded Interest Rate: A = P(1 + r/n)ⁿˣ

  • A is final amount
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Step-by-step explanation:

<u>Step 1: Define</u>

P = 230

r = 0.063

n = 365

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<u>Step 2: Solve for </u><em><u>A</u></em>

  1. Substitute:                    A = 230(1 + 0.063/365)³⁶⁵⁽¹²⁾
  2. Divide:                          A = 230(1 + 0.000173)³⁶⁵⁽¹²⁾
  3. Multiply:                        A = 230(1 + 0.000173)⁴³⁸⁰
  4. Add:                              A = 230(1.00017)⁴³⁸⁰
  5. Exponents:                   A = 230(2.1296)
  6. Multiply:                        A = 489.808
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