Answer:
16,244.55
Step-by-step explanation:
Original cost of piano = 19,100
19% off on 19,100 = 0.19*19100 = 3,629
Selling cost = 19100 - 3629 = 15471
Sales tax = 5% =0.05
Amount of sales tax = 0.05*15471 = 773.55
Total selling cost of piano = Selling cost + Amount of sales tax = 15471 + 773.55 = 16,244.55
So what this is is
many words
assuming year 0 is 2017
so compound first thing till 2020, take out 30000
the remaining is copmpounded til 2022, take out 50000
remaining is compounded for 1 more year and that is equal to 80000
so from 2017 to 2020, that is 5 years
from 2020 to 2022 is 2 years
from 2022 to 2023 is 1 year
work backwards
A=P(r+1)^t
last one
A=80000
P=?
r=0.08
t=1 year
80000=P(1.08)^1
divide both sides by 1.08
I would leave in fraction
20000000/27=P
now that is the remaining after paying 50000, after 2 years of compounding
so
50000+(2000000/27)=P(1.08)^2
solve using math
about
106374=P
now reverse back
5 years
paid 30000
30000+106374=P(1.08)^5
solve using math
92813.526=P
round
$92813.53
put $92813.53 in the fund
Im not smart but i think it is b. because there is no right angle
What are the 7 & 9 for? Obviously, you had info from somewhere else for the 9 & 7 if they are THE ONLY NUMBERS here
I think it's d hope it helps
