Answer:
I would rather do the second option of which uses Compound interest that will give a profit of $47.85
Step-by-step explanation:
In this problem we will be exploring the two formulas
1. simple interest
A= P(1+r*t)
2. compound interest
A= P(1+r/n)^nt
Where A= final amount
P= initial amount
r= rate
t= time.
n= number of periods Compounded
1.given data
P= $600
r= 3%= 3/100= 0.03
t= 2 years
A= 600(1+0.03*2)
A= 600(1+0.06)
A= 600(1.06)
A= $636
Interest = 636-600= $36
2. Given data
P= $600
r= 4%= 4/100= 0.04
n= 24
t= 2
A= 600(1+0.04/24)^24*2
A=600(1+0.0016)^48
A=600(1.0016)^48
A= 600*1.07975
A= 647.85
Interest = 647.85-600= $47.85
Answer:
36288
Step-by-step explanation:
i calculated and this is what i got i ope this helps
When dividing with negative and positive, the quotient is negative. 70 / -3.5 would be -2. Here is what the long division looks like:
64899.4
Explanation: rounding to the nearest ten is the first number AFTER the decimal. You round up one of the 2nd number is greater than 5, but it is 4 in this case. The answer would be 64899.4
Answer:
B = $140
Step-by-step explanation:
for part A, the graph is linear line with a Y intercept at (0,65) so this means that if you were to have no charms it would cost 65 dollars, since the y axis represents cost. then for every 1 increment on the x axis (number of charms) the Y value increases by 25 so the slope is
we also can conclude that there is no negative domain since you cannot have negative charms, and the range begins at 65 since you cannot get a bracelet for less money
for part B, y=25x+65
so for three charms, x is represented as 3 so y=25(3) +65 which is 75+65=y= $140