Answer:
11%
Step-by-step explanation:
A sales tax is placed on goods and services once the buyer and seller agree on what the exchange of currency is.
In this case you take the tax on the 1625 and not the 1803.75.
The buyer agreed to buy the item for 1625 and the seller agreed to sell it for that amount. So the tax goes on 1625.
Tax amount = total price - selling price
Tax amount = 1803.75 - 1625
Tax amount = 178.75
That's not what you want. You want the % of the tax.
% Tax = (Tax Amount / Selling Price) * 100
% Tax = (178.75 / 1625) * 100
% Tax = 0.11 * 100
% Tax = 11% Answer
Answer:
$3530.3541
Step-by-step explanation:
Given that:
Principal = 2200
Interest rate compounded annually (r) = 3%
Time (t) = 16 years
Using the compound interest formula :
A = P(1 + r/n)^n*t
A = final amount
n = number of times interest is applied per period
A = 2200(1 + 0.03)^16
A = 2200(1.03)^16
A = 2200 * 1.60470643909878751793
A = $3530.3541
Hence, amount in account on his 16th birthday will be $3530. 3541
Answer:
10
Step-by-step explanation:
Since the Y axis is the same you add 3+|-7|
so thats 10, which makes your answer 10
Answer:
1
Step-by-step explanation:
2/4 + 1/2 = 1
Hope this helps you!
