Answer:
A = $ 7,299.92
A = P + I where
P (principal) = $ 6,000.00
I (interest) = $ 1,299.92
Step-by-step explanation:
A = P(1 + r/n)^nt
Where:
A = Accrued Amount (principal + interest)
P = Principal Amount
I = Interest Amount
R = Annual Nominal Interest Rate in percent
r = Annual Nominal Interest Rate as a decimal
r = R/100
t = Time Involved in years, 0.5 years is calculated as 6 months, etc.
n = number of compounding periods per unit t; at the END of each period
Answer:
0,3
Step-by-step explanation:
Answer:
1/2
Step-by-step explanation:
y = 1/2x - 1/3
This is written in the form y = mx+b where m is the slope and b is the y intercept.
The slope is 1/2 and the y intercept is -1/3
First, there was $37.50.
Then, there was a tax of 8%.
Then, there was a tip of 18%.
Since the tip is after the tax, it's not going to affect it, and we can essentially ignore it.
The real question here is just <em>what is 8% of $37.50?</em>
To find the percent of something, first you need to put the percent as a decimal.
8% in decimal form is 0.08 (If you think about it literally, they're both 8 hundredths)
Finally, just multiply the percent in decimal form by the number.
37.50 dollars × 0.08 = 3 dollars.<em />
