Cory owes $1,000 to his bank. During the time of his loan, he is charged a rate of 12% simple annual interest. If he does not make any payments on his loan, which table shows the relationship between the amount he owes and the number of months? A.
Balance Due Number of Months
$1,036 ,3
$1,084 7
$1,120 10

B.
Balance Due Number of Months
$1,020 2
$1,050 5
$1,090 9

C.
Balance Due Number of Months
$1,004.80 4
$1,009.60 8
$1,013.20 11

C.
Balance Due Number of Months
$1,004.80 4
$1,009.60 8
$1,013.20 11

step-by-step explanation:

let's assume

number of candles set =x

price of of x candles =p(x)

we are given

a candle maker prices one set of scented candles at $10 and sells an average of 200 sets each week

so, we get point as (200,10)

he finds that when he reduces the price by $1, he then sells 50 more candle sets each week

so, we can find slope

now, we can use point slope form of line

now, we can plug values

we can use point

and find b

now, we can plug it back

and we get

now, we can find revenue

we know that

revenue = price*quantity

so, we get

yeah i know the problem you need. i am taking it right now. the answer is step 3

~mickey