Damian is going to invest in an account paying an interest rate of 5.2% compounded
2 answers:
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Hi! It will be a pleasure to help you finding the solution to this problem, so let's solve each part:
<h2>PART 1.</h2><h3>Finding the correct expression.</h3><h3>Correct answer:</h3>From the problem, we know the following data of the problem:
- Laval parked at the beach.
- Laval paid a fixed price of $4 for a pass.
- Laval paid $1.50 for each hour.
Our goal is to find the the expression for the total cost for parking at the beach for h hours. So:
Step 1: Since we have a fixed price, this value will appear in our expression:
Step 2: Since Laval paid $1.50 for each hour, this can be represented as the following expression:
Finally, we can write total cost (C) as the sum of these two expressions:
Finally, our correct option is A:
5 hours
Here we have to find how many hours Laval spent at the beach knowing that he paid a total amount of $11.50. From the previous part, we know that our expression is:
Finally, he spent 5 hours at the beach