Answer:Arnold earns $87 of interest in 5 years.
Step-by-step explanation:
If you treat multiplication as repeated a<span>ddition, then y</span>es, Juan is correct. Only equal groups can be multiplied.
Cost of goods = 1,500
Selling expense = 500
Total cost in selling = 1500 + 500 = 2000
Profit = Total Revenue - Total cost in selling = 3000 - 2000 = 1000
Profit = 1000
Hope this explains it.
Hopefully this will help you
Answer:
$ 75.
Step-by-step explanation:
From the information above,
List price of model II = $240
Sale price of the clearance sale is 1/4 off the list price of Model II microwave oven and additional 1/5 of the sale price for oven that are scratched and dented.
Therefore,
Let the sale price be X,
= (1/4)*(list price) + (1/5)*X
X = (1/4)*(240) + (1/5)*X
X = 60 + (1/5)X
Solving for X,
X - (1/5)X = 60
(4/5)X = 60
X = (60*5)/4
= $75.
