If x equals 2.5 what will be the value of y?
1 answer:
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Option D
The total earnings of Yvette is $ 47, 400
<em><u>Solution:</u></em>
Given that, Yvette earns a $45,000 salary plus a 12% commission on any sales over $10,000
Last year Yvette made $30,000 in sales
Subtract 10,000 from her sales to get the amount she earns commission on:
30,000 - 10,000 = 20,000
Since Yvette gets 12% commission
So amount earned as commission would be 12% of $20,000
Yvette also gets a salary of $45,000, so Yvette's total earnings would be $45,000 plus $2,400
Thus total earnings of Yvette is $ 47, 400
Answer:
The value of the acount after t years is of
The annual growth rate is of 0.72%.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
$650 is invested in an account earning 8.6% interest (APR), compounded monthly.
This means that . So
The value of the acount after t years is of
Annual growth rate
1.0072 - 1 = 0.0072 = 0.72%
The annual growth rate is of 0.72%.