Answer:
Step-by-step explanation:
The constant increase every hour indicates a linear correlation, which can be represented by an arithmetic sequence.
The nth term formula is a formula for any specific term you wish to find.
The formula is:
a = starting value of the sequence
d = the common difference (i.e. the difference between any two consecutive terms of the sequence)
n = the value corresponding to the position of the desired term in the sequence (i.e. 1 is the first term, 2 is the second, etc.)
Un = the actual vaue of the the term
In this case:
a = 40
d = 10
And so, the nth term formula is:
Credit card A
First 3 months:
4.1% / 360 = 0.011% x 30 = 0.34% per month for the first 3 months.
Next 9 months:
18.5% / 360 = 0.051% x 30 = 1.54% per month for the next 9 months.
Credit card B:
First 3 months
3.7% / 360 = 0.010% x 30 = 0.30% per month for the first 3 months
Next 9 months:
18.9% / 360 = 0.0525% x 30 = 1.575% per month for the next 9 months
Credit Card B is the better deal for the first 3 months.
Credit Card A is the better deal for the next 9 months.
Answer:1.3
Step-by-step explanation:
Answer:
1) His total commission is $1,234.3
2) The purchase of the car is $24,790.
Step-by-step explanation:
1) 21640*0.02= 432.8+ 250= 682.8
15075*0.02= 301.5+ 250= 551.5
682.8+ 551.5= 1,234.3
2) 745.8- 250= 495.8/ 0.02= 24,790
