27.6 ÷ 24 = $1.15
The cost of each jar is $1.15
interest rates would have allowed Tyler to pay off the loan faster?
O
A. 15.6%, compounded monthly
O
B. 14.4%, compounded monthly
O
c. 16.2%, compounded monthly
O
D. 15.0%, compounded a monthly
Answer: 14.4%
Step-by-step explanation:
A. 30
B. 12.5
C. 5
D. 7
The actual costs of camera, lens, and case could approximately be $795, $495, and $199 respectively, summing up to the total actual cost of $1,489.
In the question, Nadia's father estimated the cost of her camera, lens, and case to be $800, $500, and $200 respectively. However, the actual total cost of these three items was $1,489. Now, if he rounded the cost of each item, the actual cost of each item could be a bit less or more than the estimated costs. When you sum up the rounded cost of these three items ($800 + $500 + $200), it equals $1,500 which is $11 more than the actual total cost. The overestimation implies that the actual total cost ($1,489) might have been rounded up for one or more of the items. Therefore the actual prices could be something like: $795 for the camera, $495 for the lens, and $199 for the case. Summing these up will give you the actual total cost of $1,489.
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