The Smiths spend 12% of their budget on entertainment. Their total budget this year is $3,000 more than last year, and this year they plan to spend $6,360 on entertainment. What was their total budget last year?
Their total budget last year was

given hc ∥ gd.¯¯¯¯¯¯which statement is true

step-by-step explanation:

∠cbe and ∠deb are same-side interior angles

answer: c, the green line

step-by-step explanation:

there is no black line, eliminate b.

simple interest implies periodic payments, but the red line shows no payments, eliminate d.

simple interest has equal payments. if paid say every day, the graph is about a straight line (actually a stairstep).

the yellow line is not straight, eliminate a.

check: the green line is straight, answer is c.

simple interest with positive interest rate gives a straight line sloping up to the right. green line:

g(t) = $100 + ($200-$100) ÷ (20 years) × (t years)

= $100 + (4%/year) × ($100)(t years)

incidentally, the yellow line curving upward represents continuously compounded interest

y = $100 × 2^(t years / (14 assuming the yellow line hits $200 at 14 years. 2^0 is 1, so y(0) = $100; 2^(14/14) is 2, so y(14) = $200.

answer: 0.1,0.85

step-by-step explanation:

oof

step-by-step explanation: