Grocery Store: Farmer's Market
Cost $2.80 $4.20
Weight 8 oz 14 oz
Unit Cost
Cost ÷ Weight $0.35 per oz $0.30 per oz
1 lb = 16 oz 16 oz 16 oz
Cost per pound
Unit Cost * 16oz $5.60 per lb $4.80 per lb
The blueberries in the farmer's market costs less than the blueberries from the grocery store.
One pound of blueberries from the farmer's market is cheaper by $0.80 than the blueberries from the grocery store. ($5.60 - $4.80 = $0.80)
Monthly payments, P = {R/12*A}/{1- (1+R/12)^-12n}
Where R = APR = 4.4% = 0.044, A = Amount borrowed = $60,000, n = Time the loan will be repaid
For 20 years, n = 20 years
P1 = {0.044/12*60000}/{1- (1+0.044/12)^-12*20} = $376.36
Total amount to be paid in 20 years, A1 = 376.36*20*12 = $90,326.30
For 3 years early, n = 17 year
P2 = {0.044/12*60,000}/{1-(1+0.044/12)^-12*17} = $418.22
Total amount to be paid in 17 years, A2 = 418.22*17*12 = $85,316.98
The saving when the loan is paid off 3 year early = A1-A2 = 90,326.30 - 85,316.98 = $5,009.32
Therefore, the approximate amount of savings is A. $4,516.32. This value is lower than the one calculated since the time of repaying the loan does not change. After 17 years, the borrower only clears the remaining amount of the principle amount.
Making a table helps compare two or more sets of data because you can see how much it has increased or decreased.
Answer:
Step-by-step explanation:
The given expression is
If we evaluate the expression as it is we will get;
But we want to insert parenthesis so that we will use PEDMAS to obtain 37 as the result.
The only way this can be achieved is when we insert the parenthesis as shown below;
