Discounts are used to reduce the original price of an item.
David will pay $25 and 92 cents for an item of $32, before tax
The discount (d) is given as:
The price (p) of the item is given as:
So, the amount (A) paid before tax is calculated using:
Substitute known values
Express percentage as decimal
Subtract 0.19 from 1
Multiply 32 and 0.81
Hence, David will pay $25 and 92 cents for an item of $32, before tax
Read more about discounts at:
Look at the graph picture I attached
c is the intercept, which is why the graph crosses the y-axis at +3
to find where it crosses the x-axis, we make y = 0
Answer:
$1,304.70
Step-by-step explanation:
If interest 6% annually, monthly is 0.5%.
The debt in 5 months will be 800 plus compounded interest for 5 months plus new due debt
In 3 more months the debt will be 2220.201 plus compounded interest for 3 months minus payment
After 8 months the debt would be 1253.67 plus compounded interest for 8 months
Then the size of the final payment would be $1,304.70