1 answer:
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Answer:
(a). $20,000
(b). The estimate will be lower than the actual amount.
Step-by-step explanation:
We have been given that Michael saves $423 dollars a month for college.
(a). We know that 1 year equals 12 months.
4 years = 4*12 months = 48 months.
Since we are asked to find the estimated amount of money Michael will save in 4 years, so we will estimate both quantities as:
Therefore, Michael will save approximately $20,000 in 4 years.
(b).
The estimate will be lower than the actual amount as we rounded $423 down $23 to nearest hundred that is $400 and rounded 48 up 2 to nearest ten that is 40.
Therefore, the estimate will be lower than the actual amount.
Answer:
- A = $52.00
- B = $6.30
Step-by-step explanation:
<h3>A. How much Bill paid AFTER the discount.</h3>Step 1: Convert the discounted percent to decimal
20% = 0.2
Step 2: Multiply the discount to the item regularly priced
0.2(65.00) = 13
So, Bill received a $13 discount, therefore, the amount he paid AFTER his discount is:
Step 3: Subtract the result (the discount Bill received) from the regular price
$65.00 - $13.00= $52.00
Therefore, Bill paid $52.00
<h3>B. The price of the pillow in the department store.</h3>Step 1: Multiply the wholesale price for a pillow by the marked-up the wholesale price
$4.50 × 40% = 1.8
- Set up a fraction
- The reciprocal of both sides gives
x = 1.8
Step 2: Add the result to the wholesale price for the pillow
4.50 + 1.8 = $6.3
Step 3: Round to the nearest cent
Add a zero behind the result = 6.30
Therefore, the price of the pillow in the department store is $6.30