Assuming your interest rate on the loan is 8. 6%. The additional margin generated will cover the interest payments.
<h3>Additional margin</h3>
Let determine the weekly interest
Weekly interest= 8.6% /12 x 60,000
Weekly interest= $99.23
Let calculate the amount left since the business generates $500 at a margin of 80
Amount left= 500 x 80%
Amount left= $400
Based on the above calculation we can see that the amount of $400 is sufficient enough to cover the $99.23 payments.
Inconclusion the additional margin generated cover the interest payments.
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Answer:
(D)
Explanation:
You can input any value for x and the result will be a real number
Tax= sales price x tax percent
Tax= $40 x 6.5%
Convert % decimal to decimal: 6.5% by 100
Tax= 40 x 0.065
Tax= $2.60
Answer: sales tax is $2.60
Hope this helps!
Answer:
A. review information you have already read
