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Burka [1]
3 years ago
14

Kevin has $24 to buy a gift for his cousin. He found a gift of $22. With 5% sales tax added on, will Kevin have enough money to

buy the gift. If so, how much will he pay?
Mathematics
2 answers:
posledela3 years ago
8 0

Yes he will he will have to pay 23.10.

KengaRu [80]3 years ago
7 0

Answer:

The correct answer is Yes, Kevin will have enough money to buy the gift, he will pay $23,10.

Step-by-step explanation:

Let's start by analyzing the information we have.

We know Kevin has a total of $ 24.

He wants to buy a gift that costs $ 22, but has a 5% tax added to that price.

We must determine what the value of the tax is in order to know if Kevin will have enough money to buy that gift.

We will do that by multiplying the value of the gift by 0.05:

22 x 0.05 = 1.10

The tax being 1.10 and adding it to the price of the gift:

22 + 1.10 = 23.10

We can verify that Kevin will spend 23.10. Therefore, the money will be enough.

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A 90-day simple interest loan in the amount of $2350 will be paid in full in the amount of $2500 . Find the rate of the loan.
ivolga24 [154]

Answer:

The rate of simple interest is 25.89 %  

Step-by-step explanation:

Given as :

The principal = $2350

The Amount = $2500

The time period = 90 days = \frac{90}{365} year = 0.2465 year

Let The rate of interest = R %

So, Interest = Amount - Principal

Or, Interest = $2500 - $2350 = $150

<u>From Simple Interest method </u>

Simple Interest = \frac{Principal\times rate\times Time}{100}

Or, $150 =  \frac{$2350\times rate\times 0.2465 }{100}

or, $150 × 100 = $579.275  × Rate

So, Rate = \frac{15000}{579.275}

∴    Rate = 25.89 %

Hence The rate of simple interest is 25.89 %    Answer

6 0
3 years ago
How do i solve this?
Kryger [21]
The answer is -.0028571429
1/5a+1=3/10
-1 -1
1/5a=-.7. -.7 as a fraction is -7/10
1/5a divide -7/10
= -.0028571429

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