Mathematics, 29.07.2020 06:01 jcastronakaya
How much will Bob need to save each month if he wants to buy a $30,000 car with cash in 5 years? He can earn a nominal interest rate of 10% compounded monthly.
a) $2.50
b) $250.00
c) $25.00
d) $1,862.76
Answers: 3
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Question 3 (essay worth 10 points) (03.06 mc) part a: max rented a motorbike at $465 for 5 days. if he rents the same motorbike for a week, he has to pay a total rent of $625. write an equation in the standard form to represent the total rent (y) that max has to pay for renting the motorbike for x days. (4 points) part b: write the equation obtained in part a using function notation. (2 points) part c: describe the steps to graph the equation obtained above on the coordinate axes. mention the labels on the axes and the intervals. (4 points)
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How much will Bob need to save each month if he wants to buy a $30,000 car with cash in 5 years? He...
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