Answer:
Step-by-step explanation:
3/6 is 0.5
36/100 is 0.36
4/11 is 0.363636
9/25 is 0.36
Hope it helped :)
Answer:
For part A its A. and for part B its C.
Step-by-step explanation:
Assuming he had not dealt with the bank offering plan B before, he has nothing deposited two years back. Hence plan B only gives him only 0.2% annual interest for his deposit.
Plan A gives 0.25% for his deposit all the time.
So plan A is more advantageous.
For durations,
To reach $1,000,000 from $100,000, the money needs to grow 10 fold, or
(1+i)^n=10
n=log(10)/log(1+i).
So for plan A:
n=log(10)/log(1.0025)=922.18 years, while for
plan B
n=log(10)/log(1.0020)=1152.44 years.
Hope the bank(s) still exist at that time.
Answer:
y = 15x + 20
Step-by-step explanation:
He charges a flat rate of $20, so any total for hours worked will have an additional $20 added to it.
The 15x represents his earnings per hour. He makes 15 per every hour worked, x represents the number of hours worked