Answer:
$500 interest
Step-by-step explanation:
Answer:
a. $45.54; b. $51.42; c. See below
Step-by-step explanation:
a. 193 min
Service charge = $40.00
1st 100 min @ 0.021 = 2.10
Next 93 min @0.037 = <u> 3.44
</u>
Total = $45.54
b. 317 min
Service charge = $40.00
1st 100 min @ 0.021 = 2.10
2nd 100 min @ 0.037 = 3.70
117 min @ 0.048 = <u> 5.62</u>
Total = $51.42
c. Piecewise function
The charge is
- $40.00 + 0.021t if t ≤ 100
- $42.10 + 0.037(t - 100) if 100 < t ≤ 200
- $45.80 + 0.048 (t - 200) if t > 200
which we can write like this:
Answer:
Step-by-step explanation:
Simple interest =
End of first year = 650+19.5 = $669.50
End of second year = 669.50+19.5 = $ 689
End of third year = 689+19.5 = $708.50
End of fourth year = 708.50 +19.5 = $ 728
End of fifth year = 728 +19.5 = $747.50