I believe it is 50-12p =26 because she start off with 50 than she subtracts the cost for all 12 rides to get the remainder of 26.
-5 I think
Ignore this this is just for 20 words
Answer:
R = 1.2%
Step-by-step explanation:
<u>Given the following data;</u>
Principal = 425
Time = 2
Simple interest = 10.20
To find the annual interest rate;
Mathematically, simple interest is calculated using this formula;
Where;
- S.I is simple interest.
- P is the principal.
- R is the interest rate.
- T is the time.
Substituting into the equation, we have;
Cross-multiplying, we have;
<em>R = 1.2%</em>
<em>Therefore, the annual interest rate is 1.2 percent. </em>
To answer the question, you need to determine the amount Mr. Traeger has left to spend, then find the maximum number of outfits that will cost less than that remaining amount.
Spent so far:
... 273.98 + 3×7.23 +42.36 = 338.03
Remaining available funds:
... 500.00 -338.03 = 161.97
The cycling outfits are about $80 (slightly less), and this amount is about $160 (slightly more), which is 2 × $80.
Mr. Traeger can buy two (2) cycling outfits with the remaining money.
_____
The remaining money is 161.97/78.12 = 2.0733 times the cost of a cycling outfit. We're sure he has no interest in purchasing a fraction of an outfit, so he can afford to buy 2 outfits.