The cost for plan A and plan B at a discount warehouse is $57 and $153 respectively.
<h3>Equation</h3>
Plan A:
Manufacturer's recommended list price = 90%
= 90% × 30
= 0.9 × 30
= $27
Total cost of plan A = $30 + $27
= $57
Plan B:
Manufacturer's recommended list price = 70%
= 70% × 90
= 0.7 × 90
= $63
Total cost of plan B = $90 + $63
= $153
Therefore, the cost for plan A and plan B at a discount warehouse is $57 and $153 respectively.
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Answer: b
Step-by-step explanation:
Answer:
Total amount that Matthew's bank will receive is $10099.81.
Step-by-step explanation:
We need to find the amount Matthew's bank will receive after lending him $8,000 for four years at an interest rate of 6 percent, compounded annually.
The formula for compound interest is:

Where A = future value
P= Principal Amount
r = interest rate
and n= time
So in the question we are given:
P= $8000
r = 6% or 0.06
t = 4 (since 4 yeras compounded annually)
A= 8000*(1+0.06)^4
A= 8000*(1.06)^4
A= 10099.81
So, total amount that Matthew's bank will receive is $10099.81.