Answer:
The price: 16.5
The total payment: 18.82
=> The amount of tax: 18.82-16.5 = 2.32
=> Tax rate = The amount of tax / The price = 2.32/16.5 = 0.14 = 14%
$55 this is shown by doing 80/100=0.80. and 0.80*55=this is the answer
X-intercept = -3
y- intercept = -6
Answer:
The amount is $8358.7 and the interest is $3858.7.
Step-by-step explanation:
Explanation
STEP 1: To find amount we use formula:
A=P(1+rn)n⋅t
A = total amount
P = principal or amount of money deposited,
r = annual interest rate
n = number of times compounded per year
t = time in years
In this example we have
P=$4500 , r=7% , n=2 and t=9 years
After plugging the given information we have
AAAA=4500(1+0.072)2⋅9=4500⋅1.03518=4500⋅1.857489=8358.7
STEP 2: To find interest we use formula A=P+I, since A=8358.7 and P = 4500 we have:
A8358.7II=P+I=4500+I=8358.7−4500=3858.7
