So I am assuming that there is a 20% off sale on an item that is 20$.
Edit: I read the question wrong, the 2nd thing I wrote down is the correct answer, it will be $24 after the markup.
Answer:
$3.19
Step-by-step explanation:
so he starts with $18.90 and we know that he spent $2.95. So we will subtract $2.95 from $18.90. So we are left with $15.95. But now its says he bought 5 items with $15.95. So we will divide 15.95 by 5. So the price of the item that he bought 5 of is $3.19
If you are at a higher level you can use this method:
make and equation of: 5x + 2.95 = 18.90
with this you would subtract 2.95 and then divide by 5 just like we did above.
Answer:
The expression to compute the amount in the investment account after 14 years is: <em>FV</em> = [5000 ×(1.10)¹⁴] + [3000 ×(1.10)⁸].
Step-by-step explanation:
The formula to compute the future value is:
![FV=PV[1+\frac{r}{100}]^{n}](https://tex.z-dn.net/?f=FV%3DPV%5B1%2B%5Cfrac%7Br%7D%7B100%7D%5D%5E%7Bn%7D)
PV = Present value
r = interest rate
n = number of periods.
It is provided that $5,000 were deposited now and $3,000 deposited after 6 years at 10% compound interest. The amount of time the money is invested for is 14 years.
The expression to compute the amount in the investment account after 14 years is,
![FV=5000[1+\frac{10}{100}]^{14}+3000[1+\frac{10}{100}]^{14-6}\\FV=5000[1+0.10]^{14}+3000[1+0.10]^{8}](https://tex.z-dn.net/?f=FV%3D5000%5B1%2B%5Cfrac%7B10%7D%7B100%7D%5D%5E%7B14%7D%2B3000%5B1%2B%5Cfrac%7B10%7D%7B100%7D%5D%5E%7B14-6%7D%5C%5CFV%3D5000%5B1%2B0.10%5D%5E%7B14%7D%2B3000%5B1%2B0.10%5D%5E%7B8%7D)
The future value is:
![FV=5000[1+0.10]^{14}+3000[1+0.10]^{8}\\=18987.50+6430.77\\=25418.27](https://tex.z-dn.net/?f=FV%3D5000%5B1%2B0.10%5D%5E%7B14%7D%2B3000%5B1%2B0.10%5D%5E%7B8%7D%5C%5C%3D18987.50%2B6430.77%5C%5C%3D25418.27)
Thus, the expression to compute the amount in the investment account after 14 years is: <em>FV</em> = [5000 ×(1.10)¹⁴] + [3000 ×(1.10)⁸].
68 degrees as well, because the angles are corresponding.