Ebuka's monthly rent is \$750$750dollar sign, 750. If Ebuka pays the rent late, his landlord charges 4\%4%4, percent interest per week that the payment is late.
Answers
Answer:
R(t) = $30 (25+ t)
Step-by-step explanation:
Ebuka's monthly rent is $750 If Ebuka pays the rent late, his landlord charges 4%, interest per week that the payment is late.
if he pays rent by t week Late after rent due than write a function R(t) to find the Rent to be paid,
Here assumption is that 4% interest per week is Simple interest
and Rent calculated is for particular one month only
otherwise after 5 weeks late the rent of next month would also be due to pay. In that case we have to add rent for next month also and further every week the interest on that also.
t = time period in week after Rent due date
Rent Paid = Original Rent + Interest
R(t) = $750 + $750 * 4 * t /100
=> R(t) = $750 ( 1 + t/25)
=> R(t) = $750 ( (25+ t)/25)
=> R(t) = $30 (25+ t)
Answer:
R(t)=750(1.04) ^t
Step-by-step explanation: