Answer:
P = $41,820.01
Step-by-step explanation:
A = P(1 + r/n)^nt
P = A / (1 + r/n)^nt
Where,
P = principal
A = future value = $50,000
n = number of periods = 4
r = interest rate = 6% = 0.06
t = time = 3 years
P = A / (1 + r/n)^nt
= 50,000 / (1 + 0.06/4)^4*3
= 50,000 / (1 + 0.015)^12
= 50,000 / (1.015)^12
= 50,000 / 1.1956
= 41,820.01
P = $41,820.01
Expression: 22.6x + 21.75x
22.6(3) + 21.75(3)
67.8 + 65.25
133.05
Given:
The price of a doll = $35
Sales tax = 6%
To find:
The tax amount that a customer will pay on one doll.
Solution:
The price of doll is $35 and the sales tax is 6%, so the tax amount on a doll is 6% of 35.




Therefore, the tax amount that a customer will pay on one doll is $2.1.