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olga nikolaevna [1]
3 years ago
8

William works at a nearby electronics store. He makes a commission of 8%, on everything he sells. If he sells a laptop for $773.

00, how much money does William make in commission?
Mathematics
1 answer:
kupik [55]3 years ago
5 0
773.00(8/100)

6184.00/100

$61.84


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d) $18,938.90

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What is future value?

The future value (FV) of any asset can be understood as an increase in its value at a fixed rate over a period of time. For a given principal sum P, rate of interest r, and time period t, the future value of an asset can be calculated as:

FV=P*(1+r) ^t

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FV=8000*(1+0.07) ^5

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d) r=9% compounded semiannually

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e) r=9 percent compounded quarterly

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Learn more about Future value here:

brainly.com/question/7463006

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