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3 years ago

14

At a dinner, the meal cost $22, plus a sales tax of $1.87 was added to the bill, for a total of $23.87. What would the sale tax

be on a meal that cost $66?

1 answer:

Sunny_sXe [5.5K]3 years ago

5 0

$5.61
1.87/22= .085
.085•66=5.61

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You deposit $300 in a savings account that pays 6% interest compounded semiannually. How much will you have at the middle of the

Otrada [13]

Answer:

Please check the explanation.

Step-by-step explanation:

a) How much will you have at the middle of the first year?

Principle P = $300

Annual rate r = 6% = 0.06 per year

Compound n = Semi-Annually = 2

Time (t in years) = 0.5 years

Total amount = A = ?

Using the formula

$A\:=\:P\left(1+\frac{r}{n}\right)^{nt}$

substituting the values

$A=300\left(1+\frac{0.06}{2}\right)^{\left(2\right)\left(0.5\right)}$

$A=300\cdot \frac{2.06}{2}$

$A=\frac{618}{2}$

$A=309$ $

Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 0.5 years is $ 309.00.

Part b) How much at the end of one year?

Principle P = $300

Annual rate r = 6% = 0.06 per year

Compound n = Semi-Annually = 2

Time (t in years) = 1 years

Total amount = A = ?

Using the formula

$A\:=\:P\left(1+\frac{r}{n}\right)^{nt}$

so substituting the values

$A\:=\:300\left(1+\frac{0.06}{2}\right)^{\left(2\right)\left(1\right)}$

$A=300\cdot \frac{2.06^2}{2^2}$

$A=318.27$ $

Therefore, the total amount accrued, principal plus interest, from compound interest on an original principal of $ 300.00 at a rate of 6% per year compounded 2 times per year over 1 year is $ 318.27.

7 0

2 years ago

A number increased by two twenty fourths of itself

serious [3.7K]

Answer:

n/12

Step-by-step explanation:

n(2/24)=n(1/12)

n/1 * 1/12 = n/12

n/12

6 0

2 years ago

Orville staples is a painter who earns 30,000 a year. he is single and claims 3 allowances

babunello [35]

Using the information in the table given, the Gross pay, deductions and net pay for Orville staples are :

$30,000
$2340
$1860
$600
$450
$34.50
$15.00
$24700.50

Given the tax time table :

Social security tax = 6.2% of $97,500
Medicare = 1.45% of gross income
State tax = 2% of gross pay
Local tax = 1.5% of gross pay
Gross pay = $30,000

1.) Gross pay, total amount earned prior to tax = $30,000

2.) <u>Using the weekly payroll for singles</u> :

Number of weeks in a year = 52

Weekly earning = 30000/52 = 600

The Federal income tax = $25 per week (3 allowances claimed)

Total FIT = $45 × 52 = $2340

3.) <u>Social security tax</u> :

SS tax = 6.2% × $30,000 = $1860

4.) <u>State tax</u> :

2% of gross pay

2% × $30,000 = $600

5.) <u>Local tax</u> :

1.5% × 30,000 = $450

6.) <u>Medical dues</u> = $34.50

7.) <u>Others</u> : = $15.00

8.) <u>Net pay = Gross pay - Total deduction</u>

Net pay = 30000 - $(2340+1860+600+450+34.50+15)

Net pay = 30,000 - 5299.50 = $24700.50

Learn more :brainly.com/question/24919039

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Use the double bar graph below to answer the following question.

natali 33 [55]

Answer:

the population would be 1,200,000 of San Diego in 2000

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2 years ago

Mia's dog, Chulo, weighs 13.8 pounds. How many ounces does her dog weigh?

Gala2k [10]

Answer:

220.8 ounces

Chulo weighs 220.8 ounces

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2 years ago