Divide both the numerator and denominator by 5 and you get 8/17. your answer is 8/17.
Answer: $35.6125
Step-by-step explanation:
3.5% = 0.035
Let's find the deposit amount with interest at the end of the first year:
500 + 500 · 0.035 = 517.5
Let's find the amount of the deposit with interest at the end of the second year:
517.5 + 517.5 · 0.035 = 535.6125
Find the total interest earned over two years:
535.6125 - 500 = 35.6125
This would be 10-2 which would equal 8
Answer:
The price of the cell phone without the coupon= $500
Step-by-step explanation:
Step 1: Express discounted amount
The discounted amount can be expressed as a function of the original cost of the phone as follows;
D=r×A
where;
D=discounted amount
r=coupon rate
A=original price of the cell phone before the coupon
In our case;
r=45%=45/100=0.45
A=a
replacing;
Discounted amount=(0.45×a)=0.45 a
Step 2: Amount she pays up
Amount she pays=Original cost of cell phone-discounted amount
where;
Amount she pays= $275
original cost of cell phone=a
discounted amount=0.45 a
replacing;
$275=a-0.45 a
0.55 a=275
a=275/0.55
a=500
The price of the cell phone without the coupon= $500