Utility company charges 12 cents per kilowatt hour of electricity what is the daily cost of keeping a 50 watt bulb on for 12 hou
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( - 45, 0)
to find the x-intercept let y = 0 in the equation
x = 0 → x = - 15
multiply both sides by 3
x = 3 × - 15 = - 45
x-intercept = ( - 45, 0)
The due date of the promissory note is May 24th 2013.
Data;
- Present Value (PV) = $3600
- Interest = $370
- Future Value (FV) = PV + I = $3600 + $370 = $3970
To calculate the due date of the note, we can use the formula of future value of the note.
Let's take the natural log of both sides
This is approximately 12 months and 9 days.
The due date of the promissory note is May 24th 2013.
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