Step-by-step explanation:
Price of Jeans = $78.35
30% coupon = 30% × $78.35 = $23.51
6% sales tax = 6% × $78.35 = $4.70
1% local option tax = 1% × $78.35 = $0.78
Total cost of jeans = $78.35 - $23.51 + $4.70 + $0.78 = $60.32
Answer: the initial deposit is $162.1
Step-by-step explanation:
The formula for continuously compounded interest is
A = P x e (r x t)
Where
A represents the future value of the investment after t years.
P represents the present value or initial amount invested
r represents the interest rate
t represents the time in years for which the investment was made.
e is the mathematical constant approximated as 2.7183.
From the information given,
r = 7% = 7/100 = 0.07
t = 3 years
A= $200
Therefore,
200 = P x 2.7183^(0.07 x 3)
200 = P x 1.234
P = 200/1.234
P = $162.1 to the nearest cent
3 and 4 is the answer for this
Answer: $43.70
Explanation: if target marked up the speaker by 15%, then you multiply the original price by 1.15 to get the answer:
$38 x 1.15 = $43.70
The equation for compound interest is

, where:
P is the original deposit (or "principal")
r is the rate of the interest (in decimal form)
n is the number of times per year that the interest is compounded
t is the time passed in years
Plugging in your values, we see that the equation becomes

which equals, to the nearest cent,
$1218.99, which is answer
C.