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laiz [17]
3 years ago
10

The sales tax for an item was $24.50 and it cost $350 before tax. Find the sales tax rate.

Mathematics
1 answer:
Karo-lina-s [1.5K]3 years ago
3 0
Find the number that when multiplied with 350 will give you 24.5. This number happens to be .07 or in terms of sales tax, 7%.
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Monique Fournier deposited $12,500 into a savings account paying 6.5% annual interest compounded monthly. What amount will she h
nikklg [1K]
6.5%=.065
.065/12=0.00541666666666666666666666666667/month
3 years = 36 months
(1+0.00541666666666666666666666666667)^36=1.2146716269797335689295444127607
1.2146716269797335689295444127607 x 12500=$15183.40 in the account after 3 years
15183.40-12500=$2683.40 in interest earned
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telo118 [61]
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Answer:

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