Answer:
B
Step-by-step explanation
.04 is the intrest compounded thats why you add a one to it, and simiannually is the 2x12
The original price of the sofa is $600
The original price of the new sofa after the 90% reduction would be 10% (100 - 10) of the original price.
The initial price of the sofa can be determined using this equation:
Original price = price after the reduction / percentage of price after reduction
- percentage of price after reduction = 90%
- price after the reduction = $60
$60 / 10%
= 60 / 0.1
= $600
A similar question was answered here: brainly.com/question/13163090?referrer=searchResults
Hey! Hope that I can help.