Answer:
The sale price of the coats is 160% of the purchase price of the coats.
Step-by-step explanation:
The owner buys the coats at a purchase price= $60
He sells the coats for a selling price= $96
Now, the question is:
The selling price $96 is what percentage of the purchase price $60
step 1: 96= x% of 60
step 2: 96= (x/100)*60
step 3: 96= 6x/10
step 4: 960/6 = x
step 5: x = 160%
Answer:
The value of the acount after t years is of 
The annual growth rate is of 0.72%.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
$650 is invested in an account earning 8.6% interest (APR), compounded monthly.
This means that
. So



The value of the acount after t years is of 
Annual growth rate
1.0072 - 1 = 0.0072 = 0.72%
The annual growth rate is of 0.72%.
3/8 divided by 1/4
hope this helped