Ebuka's monthly rent is $750. If Ebuka pays the rent late, his landlord charges 4% interest per week that the payment is late. Write a function that gives the total cost R(t), in dollars, of Ebuka's rent if he pays it t weeks late.

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Answer:

This is the actual answer.

Step-by-step explanation:

R(t)=750(1.04)^t

The function that gives the total cost R(t), in dollars, of Ebuka's rent if he pays it t weeks late is R(t) = 750(1.04)^t

How to determine the expression?

The monthly rent is given as:

Rent = 750

The rate is given as:

Rate = 4%

When he pays late, the equation that represents the payment in t weeks is:

Payment = Rent * (1 + Rate)^t

So, we have:

R(t) = 750 * (1 + 4%)^t

Evaluate the sum

R(t) = 750(1.04)^t

Hence, the function that gives the total cost R(t), in dollars, of Ebuka's rent if he pays it t weeks late is R(t) = 750(1.04)^t

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