Answer:
.46%
Step-by-step explanation:
.055/12= .00458= .46%
Answer:
44%
Step-by-step explanation:
.44 x 125 equals 55 n
5:50 —> divide by 5 so it becomes 1:10
: means to
Answer: the original price of the shorts was $25
Step-by-step explanation:
Let x represent the original price of the shorts.
The store is having a sale in which all items are reduced by 20%. This means that the amount of discount on the shorts is
20/100 × x = 0.2x
The price of the shorts would be
x - 0.2x = 0.8x
If the sales tax is 5%, then the amount of sales tax charged is
5/100 × 0.8x = 0.04x
The final cost of the shorts would be
0.8x + 0.04x = 0.84x
Including tax, Jennifer paid $21 for a pair of shorts. This means that
0.84x = 21
x = 21/0.84
x = 25
Answer:
$15,539.67
Step-by-step explanation:
Compound Interest Formula
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- P = $11,000
- r = 5.8% = 0.058
- n = 4 (quarterly)
- t = 6 years
Substitute the given values into the formula and solve for A:
Therefore, the value of the investment after 6 years will be $15,539.67 to the nearest cent.
