She bought it at a 15% discount because 15 percent of 40 is 6 and 40-6=34
Answer:
18.7 years
Step-by-step explanation:
This is a compound interest problem and the following variables have been given;
Principal = 4000; this is the amount o be invested
APR = 9%; this is the compound interest to be earned
Accumulated amount = 20,000
We are required to determine the duration in years. We apply the compound interest formula;


The next step is to introduce natural logarithms in order to determine n;

The number of years required is thus 18.7 years
0.4 least 38% is next then 5/8 is the greatest
$335.8
Take 251.85/75 and you get 3.358, multiply by 100 and you get your answer