Answer:
$29.69
Step-by-step explanation:
23.52 * 1.1 = $25.872 so this is the marked up price. ----- (1.1 = 110%)
25.872 * 0.1475 = $3.81612 is the sales tax.
Total is 25.872 + 3.81612 ~ $29.69
ex = 18 e x = 18 Take the natural logarithm of both sides of the equation to remove the variable from the exponent. ln(ex) = ln(18) ln (e x) = ln (18)
Answer:
FV= $669.11
Step-by-step explanation:
Giving the following information:
Purchase price (PV)= $800
Decrease value (d)= 1.5% per year
Number of periods (n)= 12 years
<u>To calculate the value of the card after 12 years, we need to use the following formula:</u>
FV= PV / (1 + d)^n
FV= 800 / (1.015^12)
FV= $669.11
