High Tech Electronics advertises a weekly installment plan for the purchase of a popular brand of big screen TV. The buyer pays $5 at the end of the first week, $5.50 at the end of the second week, $6.05 at the end of the third week, and so on for one year.
a. What will the payments be at the end of the 20th week? Show your work.
b. Find the total cost of the TV. Show your work.
Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga.
Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus.
Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
We can see a pattern emerge in the payments over the first few weeks. The first week we see the flat rate, $5.00. The next week is $5.50. This could be either and addition of $0.50 every week, or a %10 growth. When we look at the third week, if it were an addition of $0.50, we would expect to see a cost of $6.00, but instead we see $6.05. With this we can conclude that every week the buyer pays %10 more than the last week.
With this information, can you make an equation that represents what I just said?