Answer:
the amount that pay to the agency is $1,091.67
Step-by-step explanation:
The computation of the amount that pay to the agency is as follows:
= Amount paid per year ÷ number of months × 25%
= $52,400 ÷ 12 months × 25%
= $1,091.67
Hence, the amount that pay to the agency is $1,091.67
We simply applied the above formula so that the correct amount could come
Please give more clear explanation for this question so I can help you.
3p=pe^tr,,3=e^0.04t ,,then use log to find t