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Valentin [98]
2 years ago
15

Find the amount of discount using the following numbers.

Mathematics
2 answers:
Masja [62]2 years ago
8 0

Answer:

Discount = 20%

Original price = $60

Discounted price = $48

Step-by-step explanation:

To find the amount of the discount, we take the original price and multiply it by the rate of the discount. In this case, we would take $60 and multiply it by 0.20 to get $12. This is the amount of the discount.

posledela2 years ago
5 0
Divided by $.20 and get 12 this is the answer because I just did the test
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evablogger [386]

Answer:

B. 2/3

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3 years ago
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Step-by-step explanation:

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3 years ago
Find the savings plan balance after 18 months with an APR of 6% and monthly payments of $800. Assume an ordinary annuity.
jok3333 [9.3K]

The formula for this calculation is Future Value = Payment • [((1 + I)n - 1)/I], where I = interest rate, and n = periods.

 

In this case, P = $800/month, n = 18 months, and I = 6% (0.06) per year.

 

Since the information involves months instead of years, it is necessary to divide the interest rate by 12 to obtain the monthly rate. So, 0.06 ÷ 12 = 0.005

 

We can then enter the information into our formula to obtain:

FV = $800 • [((1.005)18 - 1)/.005]

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7 0
3 years ago
Read 2 more answers
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