Answer:
B
Step-by-step explanation:
The compound interest formula is 
where:
- P is the starting amount called the principle
- r is the rat written as a decimal
- n is the number of times compounded in a year
- t is the number of years
Substitute a value into each variable to solve.
- P = $147 since 10% of 1,470 is being invested which makes P = 0.10(1470) = 147.
- The rate is 3.5% or r = 0.035.
- n = 12 because it is compounded monthly meaning 12 times a year.
- t = 25 since it will earn for 25 years.
Repeat this process for each formula.
Answer:
$102.96
Step-by-step explanation:
Lets take this one part at a time.
the dealership pays 12000 for the car, so they start at -12000 for how much money they have.
The dealership wants to make a 32% profit. This means they want to make back the 12000 plus 32% of that. what is 32% of 12000? just multiply 12000 bty .32 In the end it works out that the price they sell it for is 15840
I do want to mention that there is a chance the 32% might also be accounting the bonus. So in other words the dealership spent 12000 for the car then however much in paying the bonus, and they want to make a 32% profit on both of these combined. I do not think that is what it is asking for, but I wanted to mention it.
Anyway, with a sales price of $15,840 it says the bonus is 6.5% of that. to find that just do the multiplication .065 * 15840 = 1029.60. So this is the bonus normally.
Now the question says the salesperson offers a 10 percent discount. This changes the sales price (by 10%) and the bonus they earn. let's calculate both.
First 10% discount of the sales price is .9*15840 = 14,256
Then 6.5% of that is .065*14256 = 926.64 So this is the new bonus.
The question wants the difference of the two bonuses, and difference is subtraction. so 1029.60 - 926.64 = 102.96 So if the salesperson offers a 10% discount they lose $102.96
Answer:
<em><u>D.</u></em>
Step-by-step explanation:
A polynomial is an expression that looks similar to this:
3x³+x-3
.8, 1.8, 8, 8.1
Do you understand why? This seems pretty simple that you should be able to solve this for yourself.
The answer is 16
hope this helps
