I’m happy to answer this question if you can give me more detail.
Answer:
$86.40
Explanation:
Businesses increase and reduce prices based on prevailing market conditions. If the price of a good has appreciated in the open marketbthen businesses tend to also increase their price.
When there is need to attract more customers or there is promotion of a product a discount (price reduction) can be used.
The price of the pair of sneakers increased in January, that is 100+20= 120% of the original price.
Price after increase= 1.2* 80= $96
Afterwards an employee bought the sneakers at a 10% discount that is 100-10= 90% of original price
Price after discount= 0.9* 96= $86.40
4320 . this prob would have been answered faster under the mathmatics topic
Answer:
a.less than $500,000
Explanation:
For computing the amount we need to applied the present value which is to be shown in the attachment below:
Data provided in the question
Future value = $500,000
Rate of interest = 7% ÷ 2 = 3.5%
NPER = 2
PMT = $500,000 × 6% ÷ 2 = $15,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After applying the formula, the present value amount is $495,250.76
