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2 years ago

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Ms. Gadget car broke down on the turnpike. Acme town Ig charged $30 plus $3 per mile to tow the car. If ms. Gadget paid $162, ho

w far was the car towed

1 answer:

Reil [10]2 years ago

4 0

The equation would be 30+3m=162 then you solve the problem

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Golf ball

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The Arc Electronic Company had an income of 90 million dollars last year. Suppose the mean income of firms in the same industry

jok3333 [9.3K]

Answer:

0.0869

Step-by-step explanation:

The arc electronic company had an income of 90 million dollars last year.

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3 years ago

suppose that you have 3000$ to invest. which investment yields the greater return over a 10 year period: 8.04% compounded daily

Ksenya-84 [330]

Answer: Option A: 8.04% compounded daily

<u>Step-by-step explanation:</u>

$A = P\bigg(1+\dfrac{r}{n}\bigg)^{nt}\qquad where\\\\\bullet A = \text{accrued amount (principal plus interest earned)}\\\bullet P = \text{principal (amount invested)}\\\bullet r = \text{rate (in decimal form)}\\\bullet n=\text{number of times compounded in one year}\\\bullet t=\text{time (number of years)}\\\\\\Option\ A:\\A = \text{unknown}\\P=3000\\r=8.04\%\rightarrow 0.0804\\n=\text{daily}\rightarrow 365\\t=10\\\\A=3000\bigg(1+\dfrac{0.0804}{365}\bigg)^{365\times 10}\\\\.\ =\$ 6,702.79$

$Option\ B:\\A = \text{unknown}\\P=3000\\r=8.1\%\rightarrow 0.081\\n=\text{quarterly}\rightarrow 4\\t=10\\\\A=3000\bigg(1+\dfrac{0.081}{4}\bigg)^{4\times 10}\\\\.\ =\$ 6,689.37$

Option A results in the greater amount of money.

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4 years ago

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alina1380 [7]

Answer:

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