Answer:
$18.36
Step-by-step explanation:
In this question, we have to find the cost of the cake for the customer who orders a month early.
We know that the original price of the cake is $30.
We also know that there was a 28% discount and a 15% discount added to the purchase.
Remember, You don't add discount percentages together, you discount the prices separately.
Solve:
First, apply the 28% discount.
30 · 0.28 = 8.40
30 - 8.40 = 21.60
Now apply the 15% discount to the new price.
21.60 · 0.15 = 3.24
21.60 - 3.24 = $18.36
They needed to pay $18.36 for the cake.
Answer:
<em>Felix earns total $594 per week.</em>
Step-by-step explanation:
Felix’s sales are $53000.
So, <u>the amount of sales over $4800 will be</u>: 
Felix earns $450 per week and additional 3% of sales over $4800.
So, his additional income 
Thus, Felix's total income will be: 
Answer:
PV= $3,402.9
Step-by-step explanation:
Giving the following formula:
Future Vale (FV)= $5,000
Number of years (n) 5 years
Interest rate (i)= 8.5% compounded annually
<u>To calculate the initial investment (PV), we need to use the following formula:</u>
PV= FV / (1 + i)^n
PV= 5,000 / (1.085^5)
PV= $3,402.9
