Correct answer is third option ---C in edge
Answer:
27/18= 1.5
18/6 = 3
3•1.5= 4.5
Step-by-step explanation:
$27 divided by 18 muffins equals $1.50, 18 muffins divided by 6 people equals 3, 3 muffins times $1.50 equals $4.50. So $4.50 is how much each person would have to pay.
Answer:
x=3
Step-by-step explanation:
Answer:
$798
Step-by-step explanation:
Jack invested $7100 compounded continuously at an interest rate of 3⅝% which is 0.03625
Formula for future value of continuous compounding is;
FV = PVe^(rt)
Where;
FV is future value
PV is present value
r is interest rate
t is time
After 19 years;
FV = 7100 × e^(0.03625 × 19)
FV = $14137.697
Henry invested $7100 compounded monthly at an interest rate of 3⅜% which is 0.03375.
Formula for FV of monthly compounding is;
FV = PV(1 + i)^(n)
FV = 7100(1 + 0.03375)^(19)
FV = $13339.922
Thus, amount Jack has more than Henry = 14137.697 - 13339.922 = $797.775
Approximating to the nearest dollar gives $798
$495 + $65 = $560
$560 / 40 = 14
He must save for 14 paychecks.
