Answer:
c.) in the correct answer
Answer: you would have to purchase $1300 of merchandise and the total yearly amount paid to the warehouse for each plan is $1210
Step-by-step explanation:
Let x represent the number of dollars of merchandise that you would have to purchase in a year to pay the same amount under both plans.
Plan A offers an annual membership fee of $300 and you pay 70%, of the manufacturers reccomended list price. This means that the total cost of using plan A would be
300 + 0.7x
Plan B offers an annual membership fee of $40 and you pay 90% of the manufacturers reccomended list price.
This means that the total cost of using plan B would be
40 + 0.9x
For both plans to be the same,
300 + 0.7x = 40 + 0.9x
0.9x - 0.7x = 300 - 40
0.2x = 260
x = $1300
The total yearly amount paid to the warehouse for each plan would be
40 + 0.9 × 1300 = $1210
Answer:
Interest = $47.34
Step-by-step explanation:
Formula:-
Simple interest I = PNR/100
P - Principle amount
N - number of years
R - Rate of interest
It is given that
P = $ 1600
R = 6%
Number of days = 180 days
<u>To find the simple interest for 1 year(365 days)
</u>
I = PNR/100
= (1600 * 1 * 6)/100 = $96
<u>To find the interest for 180 days
</u>
For 365 day I = $96
For 180 days I = (180/365) * 96
I = $47.34
The answer is B because n is equal to the number of notebooks. you can not exceed the amount of money that you have to buy the notebooks
