Answer:
y=$2.95x+$479.4
Step-by-step explanation:
Let
x----> the number of movie rentals
y ----> the cost for movie rentals
we know that
The expression that represent the monthly cost is equal to
y=$2.95x+$39.95
1 year has 12 months
so
The expression that represent the yearly cost is equal to
y=$2.95x+$39.95*(12)
y=$2.95x+$479.4
Answer:
P = $2448.89
P ~= $2,449
He need to deposit $2,449
Step-by-step explanation:
Given:
Interest rate r= 7% = 0.07
Number of years n = 3 years
Future value that should be meet A = $3000
We need to calculate the initial investment (Principal P). Using the compound interest formula:
A = P(1+r)^n
P = A/(1+r)^n
Substituting the values of A, r, n, we have;
P = 3000/(1+0.07)^3
P = $2448.89
P ~= $2,449
The answer is simply 2x over 5(fraction) +1 so it the first choice