Please help 20 points
1 answer:
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Answer:
correct option is d. $242.81
Step-by-step explanation:
given data
APR = 25.5% = = 2.125
paid = $3,729
solution
we get here finance charge on the 1st month by multiplying 3,729 and now adding it to existing balance
so we get finance charge for the second and third months similarly as
APR ÷ 100 = = 0.02125
so 1st
= $3,729 × 0.02125
= 79.25
and
$3,729 + $79.25 = $3808.24
so for next
= $3808.24 × 0.02125
= 80.93
and
$3808.24 + $80.93 = $3889.17
so for next
= $3889.17 × 0.02125
= 82.64
and
$3889.17 + $ 82.64 = $3971.81
so
finance charge = 3971.81 - 3729
finance charge = 242.81
so correct option is d. $242.81
<em>It's nice of you to offer, but no thanks.</em>
To correctly graph this, you need to set up a simple equation and table of values. Luckily, this equation is dead-simple; I'll define <em>y</em> as the total cost and <em>x</em> as the number of water bottles sold.
Since 1.50$ is the cost for one bottle, multiplying that with your variable that defined the amount of bottles, <em>x</em>, gets you the total, <em>y</em>. Now that we have a basic equation, we can begin plugging in values.
Recall that a function is basically just something that takes in a value and returns another one; in our case, it takes the <em>amount of bottles</em> and returns the <em>total cost. </em>Now, plug in the x-values present on the graph (specifically only whole numbers, since you can't have a half bottle). I can't make a proper table but I'll make do.
x y
--------
0 0
1 1.5
2 3
3 4.5
4 6
5 7.5
-----------
Great, now that you have a table of values all you have to do is plug them into the graph, which I've attached. It's pretty crude since I drew it in mspaint but I'm sure you get the point at this point.
