The yearlyrate of interest is equivalent to the extra cost paid by taking the plan of $100 down and payments of $25 for the next 12 months is 25%
Option C is the correct answer.
It is the interest calculated on the principal at a given rate for a time period.
We have,
Sarah bought a lawnmower for $320.
Principal = $320
She signed up for the buy now pay later plan at the store with the following conditions:
$100 down and payments of $25 for the next 12 months.
This means,
Amount paid = $100
Amount paid for the next 12 months = $25
The totalamount paid in 12 months:
= 100 + 12 x 25
= 100 + 300
= $400
The extraamount paid:
= 400 - 320
= $80
The yearlyrate of interest:
Simple interest = Principal x Rate x Time / 100
80 = (320 x Rate x 1) / 100
8000 = 320 x Rate
Rate = 8000 / 320
Rate = 25%
Thus,
The yearlyrate of interest is equivalent to the extra cost paid by taking the plan of $100 down and payments of $25 for the next 12 months is 25%
Option C is the correct answer.
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b.5
c.19
d.17
e.11
f.9
b. The last book in the series borrowed from a classmate is quite long.
c. The last book in the series borrowed from a classmate, is quite long.
d. The last book in the series, borrowed from a classmate is quite long.
b. $1.75 + $0.25x ≥ $15; x ≥ 53 miles
c. $0.25 + $1.75x ≤ $15; x ≤ 8 miles
d. $0.25 + $1.75x ≥ $15; x ≥ 8 miles
The inequality for the given situation is $1.75 + $0.25x ≤ $15; x ≤ 53 miles. Therefore, option A is the correct answer.
Given that, a cab charges $1.75 for the flat fee and $0.25 for each mile.
We need to write and solve an inequality to determine how many miles Eddie can travel if he has $15 to spend.
Inequalities are mathematical expressions in which both sides are notequal. In inequality, unlike in equations, we compare two values. The equal sign in between is replaced by less than (or less than or equal to), greater than (or greater than or equal to), or not equal to sign.
Now, number of miles = (15-1.75)/0.25
=53 miles
According to the given question, the inequality is 1.75 + 0.25x ≤ 15 and x ≤ 53.
The inequality for the given situation is $1.75 + $0.25x ≤ $15; x ≤ 53 miles. Therefore, option A is the correct answer.
To learn more about inequality visit:
brainly.com/question/20383699.
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