baisydravoo
25.08.2020 •
Business
A financial institution offers a "double-your-money" savings account in which you will have $2 in 9 years for every dollar you invest today. What stated annual interest rate (assuming monthly compounding) does this account offer?
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Ответ:
The cost is $464
Explanation:
Cost of a ticket = $112.50
Therefore, cost of 4 tickets = 4 × $112.50 = $450
Cost of a parking pass = $14
Total cost of 4 tickets and a parking pass = $450 + $14 = $464