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Answer: $222.73
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Work Shown:
x = pre-GST price
10% of x = 0.10x = tax amount
x + 0.10x = 1.10x = post-GST price = 245
1.10x = 245
x = 245/1.10
x = 222.7272 approximately
x = 222.73 is the price before tax.
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Check:
10% of 222.73 = 0.10*222.73 = 22.273 = 22.27
The tax amount ($22.27) is added to the pre-GST price to get
22.27+222.73 = 245
which matches the post-GST price mentioned.
The answer is confirmed.
Or another way to confirm the answer is to calculate this
1.10*222.73 = 245.003 = 245
Answer
pay attention in class
Step-by-step explanation:
dont go online looking for answers
Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places
Answer:
"In word" as in word form?
3/4 = three fourths
1/5 = one fifth
3/4 = three fourths (again?)
1 3/5 = one and three fifths