Samuel has a balance on his credit card of $766 if the APR on the credit card is 20-point 43% compounded monthly how much is he
1 answer:
You might be interested in
Given:
Cost of fish dinner = $10.95
selling price of fish dinner = $13.95.
To find:
The percent markup.
Solution:
We know that,
Using this formula, we get
Round to the one decimal place.
Therefore, the markup is 27.4%.