Answer:
Plan II is more favorable because the total amount to pay is less and the time to pay is greater than Plan I.
Step-by-step explanation:
<u><em>The question in English is</em></u>
Plan: "MY AUTO FOR TAXI"
Mr. Alberto decides to buy a car in order to perform taxi services. The price of the vehicle is S/45 000, but only S/20 000 is available. He then decides to finance the missing money through a bank. If between the two loan plans offered, you must choose one:
Which of the two options would you recommend to Mr. Alberto?
we know that
The compound interest formula is equal to
where
A is the total amount due
P is the amount owed
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
Plan I
substitute in the formula
Plan II
Compare
Plan I ----> t=2 years A=$27,562.50
Plan II----> t=3 years A=$27,318.18
therefore
Plan II is more favorable because the total amount to pay is less and the time to pay is greater than Plan I.
Answer:
C
Step-by-step explanation:
That's the answer.....
Answer:
Step-by-step explanation:
<u>Find b first:</u>
- b = 3/x + 3/y
- b = (3x + 3y)/xy
<u>Find 1/b:</u>
- 1/b = 1 : (3x + 3y)/xy
- 1/b = xy / (3x + 3y)
Answer:
It is purple
Step-by-step explanation:
.25x = 13.65
.75x = 13.65
x = 18.20
original bill was $18.20
3/18.20 = .165
165*100 = 16.5
16.5% tip