After 8 years a loan grows to $75 210. If the interest was compounded annually at a rate of 8.5%, find the size of the initial l
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Answer:
The money he can save by buying them at Big 5 is $76.80.
Step-by-step explanation:
Given:
Footballs sell for $27.99 each at Sporting Goods.
Footballs sell for $21.59 each at Big 5.
The coach buys a dozen footballs.
Now, to find the amount he save by buying them at Big 5.
So, first we find the cost of footballs at Sporting Goods and at Big 5.
1 Dozen = 12 pieces.
Thus, the cost of footballs at Sporting Goods =
And, the cost of footballs at Big 5 =
Now, to get the amount coach can save by buying them at Big 5, we subtract both the cost as the cost of Sporting Goods is more than the Cost of Big 5:
The amount coach can save by buying them at Big 5 =
Therefore, the amount he can save by buying them at Big 5 is $76.80.