Answer:
1.25 inspections in an hour
Step-by-step explanation:
10/8= 1.25
I’m not really sure but I think the answer is 137.50.
The formula for compound interest
A = P( 1 + r/n) ^ (nt)
A is the amount in the account at the end
P is the principal balance or the amount initially invested
r is the annual interest rate in decimal form
n is the number of times it is coupounded per year
t is the number of years
A = 1800 ( 1+ .0375/1) ^ (1*6)
A = 1800 ( 1.0375)^6
A = 2244.92138
Rounding to the nearest cent
A = 2244.92
Using the simple interest formula, it is found that the APR for the loan is of 4.472%.
<h3>What is the simple interest formula and when it is used?</h3>
Simple interest is used when there is a single compounding per time period.
The amount of money after t years in is modeled by:
In which:
- A(0) is the initial amount.
- r is the interest rate, as a decimal.
The parameters for this problem are:
A(t) = 6 x 511.18 = 3067.08, A(0) = 3000, t = 0.5.
We solve the equation for r to find the APR.
1 + 0.5r = 1.02236
r = (1.02236 - 1)/0.5
r = 0.04472.
More can be learned about simple interest at brainly.com/question/25296782
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Well, 225 + 75 = 300. So, that means 300 dollars per night. 1,200 ÷ 300 =400
400 Is the answer.