It's the first option, I'm pretty sure.
Hope this helps!!
Answer:
$154,763.5
Step-by-step explanation:
A = P(1 + r/n)^nt
Where,
A = future value
P = present value
r = interest rate
n = number of periods
t = time (years)
P = 97,000
r = 6% = 0.06
n = 365
t = 8 years
A = P(1 + r/n)^nt
= 97,000(1 + 0.06/365)^365*8
= 97,000(1 + 0.00016)^2,920
= 97,000(1.00016)^2,920
= 97,000(1.5955)
= 154,763.5
A = $154,763.5
Answer:
The trip was 45 minutes
Step-by-step explanation:
you take 60 minutes which is an hour and subtract 15 to get 45 minutes
Answer:
B. The service fee for coming to look at the machine
Step-by-step explanation:
Whenever we have a linear equation like this in real-world problems, the y-intercept always represents a fixed cost of some sort.
Here, 35 is the y-intercept. It cannot represent "the cost for each hour it takes to repair the machine" because that's what 45 means.
It cannot represent "the total cost for fixing the washing machine" because that's what y means.
And it cannot represent "the amount of time that it takes to arrive at the home to make the repairs" because that's what x means.
Thus, 35 must be the service fee. This is the upfront fee that is fixed and doesn't change depending on time.
Hope this helps!
