30 is the value of P
Steps:
A perfect square follows the pattern
It is a very simple question to answer.
Obviously first we can calculate his weekly earnings and then multiply them by 4 to calculate his total earnings over the course of 4 year period.
So as he makes 6.2$ an hour. He will make 6.2 * 30 = 186 $ a week as that is the number of hours he works in a week.
Now we can multiply this by 4 to calculate his over all earnings. So 186 * 4 = 744.
Answer:
Cash price
Step-by-step explanation:
The computation is shown below:
The Interest rate per month (r) = (9% ÷ 12) = 0.75%
Now Present value of the monthly payment is
= PMT × {[(1 + rate of interest)^number of years - 1] ÷ rate of interest}
= 1,499 × {[(1 + 0.75%)^12 - 1] ÷ 0.75%}
= 18,748.89
And the cash price is 15,999
So, the cash price would be lower
The answer is 3.75 or 3 3/4
