A new shirt costs $14.99. If the shirt in sale for 1/5 off its price, about much would you save. SOLUTION PLS
2 answers:
Answer:
As per the given condition:
A new shirt costs $14.99.
If the shirt has a sale for off its price.
Now, we find how much you save on this shirt:
First find the of $14.99
i.e,
⇒ you have the discounted value is $ 3 .
You pay for the shirt is: $14.99 -$ 2.998 = $11.992
Therefore, you would save $2.998 or $ 3 in buying your new shirt.
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Answer:
A(t) = 200+15t(1+0.02)^{t}
Step-by-step explanation:
Since the interest is calculated on the new balance every year.
Hence the formula used for compound interest is:
A = P(1+^{nt}
where, A =Amount after t years
P =Principal amount
200 is the initial balance and Since, here the $15 is added to the balance each year. Therefore, P = 200+15t
r = rate each year (0.02)
t = time (in years) (t)
n = no. of times the interest is compounded in a year (n=1)
Therefore, the recursive formula is:
A(t) = 200+15t(1+0.02)^{t}
Answer:
$1.60
Step-by-step explanation:
Please see the attached pictures for full solution.
