Answer:
Step-by-step explanation:
The original price of the jacket at the store is $50.
Evan has a coupon for 15$ off. This means that the amount that Evans will pay is the original price - 15% of the original price. It becomes
50 - (15/100 × 50) = 50 - 7.5 = $42.5
Max pays only 0.6 of the price because his father works at the store.
This means that the amount that Max will pay is 0.6 × the original price. It becomes
0.6 × 50 = $30
Max will pay the least amount because his amount is smaller
To calculate the tax multiply $860 by .06 (6%) to get $34.40.
To calculate the total amount you'll pay add $34.40 to $860 to get $894.40.
Answer:
5.5%
Step-by-step explanation:
To find the interest rate, use the equation: I = prt
I = Interest = $6,600
p = principal = $15,000
r = rate = unknown
t = time = 8 years
Now plug the numbers into the equation.
6,600 = 15,000 * r * 8
6,600 = 120,000 * r
Now isolate the variable by dividing both sides of the equation by 120,000.
0.055 = r
Now change the rate to a percent by moving the decimal point 2 digits to the right.
5.5% = r OR r = 5.5%