The last one is the right answer
First, convert the 65% to a real mathematical number. For percents, this is always done by dividing the 65% by 100%, or 65% / 100% = 0.650.
Second, find out what 65% of $60 is. This is the amount of the sale discount. This is always found by mulitplying 0.650 by the item's cost $60, like this:
0.650 x $60 = $39.00.
So for this sale, you'll save $39.00 on this item.
This means, the cost of the item to you is
<span>$60 - $39.00 = $21.00.</span>
Answer:i think its c sorry if im wrong
Step-by-step explanation:
Answer:
A. $29,045.68
B. $28,981.85
C. Compound daily applies interest everyday over a period of 365 days in a year. Compound annually only applies the 3% interest once a year.
Step-by-step explanation:
3% compounded daily:
A = P(1 + r/n)^nt
= 25000(1 +
)^365(5)
= 25000(1.00008219)¹⁸²⁵
= 25000(1.161827)
= 29045.6770
3% compounded annually:
A = P(1 + r/n)^nt
= 25000(1 +
)^1(5)
= 25000(1.03)⁵
= 25000(1.159274)
= 28981.8518