I got 73.7460555 not rounded
6 | 16 is the correct answer I believe
Answer:
The interest charged is $7.49.
After 29 days, Travis paid a total of $607.49
Step-by-step explanation:
Travis obtained a cash advance for $600.
The interest rate is 0.04305% per day.
The simple interest rate formula is given by:

Where <em>I</em> is the interest, <em>P</em> is the initial amount, <em>r</em> is the rate, and <em>t</em> is the time (in this case in days).
Our initial amount <em>P</em> is $600.
Our interest rate <em>r</em> is 0.04305% or (moving the decimal two places to the left) 0.0004305.
Since Travis repaid the loan after 29 days, our <em>t</em> is 29.
Hence, our interest is:

So, the interest charged is about $7.49.
So, after 29 days, Travis paid a total of the original $600 plus an interest of $7.49 for a total of $607.49
Answer:
The selling price is $294
Step-by-step explanation:
5/100 (280)
0.05 * 280 = 14
5% of 280 equals 14.
To find the selling price we have to add the tax to the price.
$14 + $280 = $294
<em>The selling price is $294</em>