Answer:
4,218.75
Step-by-step explanation:
Lets say that P is your starting principal (spelled -pal and not -ple, because Your Money is Your Pal), r is the interest rate (expressed as a decimal), and Y is the number of years you invest. Then your future value will be:
P (1 + rY) (Simple Interest)
P (1 + r)Y (Annually Compounded Interest)
Note the two formulas give the same answer for one year. After that, compound interest takes off.
This was taken from a source, but I hope it helped out! Have a nice day :)
(The answer is in the bottom of the picture)
Answer: 105 miles?
I am not sure but that"s what I got
Step-by-step explanation:
If it is discounted 25%, then u r actually paying 75%
0.75(119) = 89.25 (without tax)
sales tax = 7 1/2% = 7.5% = 0.075
89.25(1.075) = $ 95.94 <===
