That link is somethin else -
Answer:
The value of the account will be $5,628
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
therefore
The value of the account will be $5,628
A business' profit margin is the ratio between the gross profit and net sales. It's ideal for a business to have a profit margin closest to 1. For the given situation, Sally has a gross profit of $32, 508.63 and a profit margin of 68% or 0.68. Thus, we have


Therefore, the net sales earned by Sally's hair salon is $47, 806.81.
Answer: D. $ 47, 806.81