A camping leader bought the items listed in the table for his team. What is the average cost of an item in his purchase?
1 answer:
The right answer is Option D: $5.44
Step-by-step explanation:
Given,
Cost of one sun visor = $6.25
Cost of 11 sun visors = 6.25*11 = $68.75
Cost of one sunglasses = $8.90
Cost of 4 sunglasses = 8.90*4 = $35.60
Cost of one water bottle = $9.50
Cost of 8 water bottles = 9.50*8 = $76
Cost of one whistle = $1.75
Cost of 15 whistles = 1.75*15 = $26.25
Total number of items = 11+4+8+15 = 38
Total cost of items = 68.75+35.60+76+26.25 = $206.60
Average =
Rounding off to nearest hundredth
Average = $5.44
The average price of an item is $5.44
The right answer is Option D: $5.44
Keywords: average, sum
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Answer:
The principal must be = $8991.88
Step-by-step explanation:
Formula for compound interest is:
Where A is the amount after 't' years.
P is the principal amount
n is the number of times interest is compounded each year.
r is the rate of interest.
Here, we are given that:
Amount, A = $15000
Rate of interest = 13 % compounded quarterly i.e. 4 times every year
Number of times, interest is compounded each year, n = 4
Time, t = 4 years.
To find, Principal P = ?
Putting all the given values in the formula to find P.
So, <em>the principal must be = $8991.88</em>