Answer:
0.04326
Step-by-step explanation:
Answer:
Step-by-step explanation:
stuck under the bed??
lemme jus quickly pull you back....lol
Morgan should first take the 40% off then apply the $15 coupon
Lets say her total was $150.
If you take the 40% off first, you get $90
150 * .6 = 90 (since you are taking off 40% you are still paying the rest of the 60% so you can just save extra steps by multiplying by .6 and not .4)
Now you subtract 15 from that value.
90 - 15 = 75 If Morgan takes the 40% off first and then applies the $15 dollar coupon, she has to pay $75.
If she applies the $15 coupon first, her total before the 40% is $135
150 - 15 = 135
The total will come out to be $81
$135 * .6 = 81
If Morgan takes the discount first before applying the coupon she has to pay less and saves the most money.
After 1 year=x1.1
After 2 years=x1.1*1.1
………
After 5 years=x1.1*1.1*1.1*1.1*1.1=x1.61051