The answer is: gof = 1, 1, and 2
Answer:
1. $361800
Step-by-step explanation:
Given,
principle balance=$670
interest rate=8%

A= Final amount
P= initial Principal balance
r= interest rate
n= number of times interest applied per time period
t= number of times period elapsed
compound interest formula,
Therefore the Present value is $361800
Answer:
10%
Step-by-step explanation:
We have been given that the manager of a store orders model railroad sets that cost $390 and sells them for $429.
We will use markup % formula for our given problem.





Therefore, markup is 10% of cost.