To answer the question, you need to determine the amount Mr. Traeger has left to spend, then find the maximum number of outfits that will cost less than that remaining amount.
Spent so far:
... 273.98 + 3×7.23 +42.36 = 338.03
Remaining available funds:
... 500.00 -338.03 = 161.97
The cycling outfits are about $80 (slightly less), and this amount is about $160 (slightly more), which is 2 × $80.
Mr. Traeger can buy two (2) cycling outfits with the remaining money.
_____
The remaining money is 161.97/78.12 = 2.0733 times the cost of a cycling outfit. We're sure he has no interest in purchasing a fraction of an outfit, so he can afford to buy 2 outfits.
Answer:
$2,880
Step-by-step explanation:
interest = (principal * rate * time)/100
= (15000 * 3.2 * 6)/ 100
= 2880
Make sure you study, and if necessary, do some practice problems. Then, check to make sure you are right, and if not, find out why, and correct your mistakes.
You can download the answer here
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