If one of the numbers you are multiplying by is negative,then that answer will be negative.
Answer:
16
Step-by-step explanation:
9/12=12/x
x=16
X-0.075x=7400
Solve for x
0.925x=7400
x=7,400÷0.925
X=8,000
Answer:
Step-by-step explanation:
Let yesterday's price be x
Discount percentage = 36%
Sale price = $ 560
(100-36)% of x = 560
64 % *x = 560
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Yesterday's price = $ 875
Solving for the amount of maturity given that it is compounded monthly for 1 year with an interest of 3%, we have the formula and solution below:
A = P (1+r/n)^rn
A = $5,000 (1.040417)
A =$5202.085
For compounded daily, we have the solution below:
A = $5,000 (1.040443)
A = $5202.215
The difference in amount is shown below:
Difference = $5202.215 - $5202.085
Difference = $0.13