(1+ markup percent on cost)x cost equals

1 answer:

4 0

The (1 + markup percent on cost) x cost equals letter A. selling price. That is because, (1 + markup% on cost) = cost x 1 + cost x markup % on cost which is also equal to cost + amount of money that is going to be raised. The other items in the given choices do not necessarily point out to the given formula.

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Answer:

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Step-by-step explanation:

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$\bf \qquad \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$14000\\
r=rate\to 3.25\%\to \frac{3.25}{100}\to &0.0325\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{quarterly, thus four}
\end{array}\to &4\\
t=years\to &4
\end{cases}
\\\\\\
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Step-by-step explanation:

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