Step-by-step explanation:
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Ray wants to buy an item worth 500$ in the most cost-effective way. Let's study each of the 3 cases and see with option is the best.
In the first option, he'll buy the item at list price with a coupon for $10 off. So he'll buy it at 500-10 =$490.
In the second option, he'll buy a membership for $35 and then get the item at a 15% discount. With a 15% discount, the price of the item will be 500 - (500*0.15) = 500 - 75 = $425. And with the membership price, he'll pay a total of 425 + 35 = $460.
The third option is to buy the item online at a 10% discount and pay $4 for the shipping. At 10% discount, the price of the item will be 500 - (500*0.1) = 500 - 50 = $450. And with cost of the shipping, he'll pay a total of 450+4 = $454.
So if he chooses the first option, he'll pay $490. With the second, he'll pay $460. And finally with the third, he'll pay $454.
So the third option is the most cost-effective, buying the item at $454.
Hope this helps! :)
Answer:
what? I don't get it?
Step-by-step explanation:
Here, My initial salary = 7.85
FICA deduction amount = 7.85 * 7.65% = 7.85 * 0.0765 = 0.60
Federal Tax amount = 7.85 * 9.8% = 7.85 * 0.098 = 0.77
State tax amount = 7.85 * 5.5% = 7.85 * 0.055 = 0.43
So, Total deducted amount = 0.60 + 0.77 + 0.43 = 1.80
Net hourly wage = 7.85 - 1.80 = 6.05
In short, Your Answer would be $6.05
Hope this helps!
Down payment
160,000×0.20=32,000
128000=X[((1-(1+0.085)^(-25))/0.085]
Solve for x
X=12507.10