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lara31 [8.8K]
3 years ago
10

A shop recorded total sales of $2,000 on Monday. On Tuesday, its sales fell by 10%. On Wednesday, sales fell by another 20% comp

ared with Tuesday. From Wednesday to Thursday, sales increased by an amount equal to 25% of Monday’s total sales. What is the net change in total sales from Monday to Thursday?
Mathematics
1 answer:
GenaCL600 [577]3 years ago
7 0
The shop had $2,000 in sales on Monday. 
If it fell by 10% on Tuesday, then 2000 * 0.10 equals the percentage it dropped, so it dropped by $200. So they only had $1,800 in sales on Tues. 
If they fell by another 20% on Wednesday, 1,800 * 0.20 equals a $360 drop. Now we're at $1,440. 
The sales then increased by 25% of Monday's total # of sales. 25% of Monday's sales is 2,000 * 0.25 which equals a $500 increase. Now we're at $1,940. 
Now that we're done with everything, how far are we from the beginning? That's the net change. :) We began at $2,000 on Monday, and ended with $1,940 on Thursday. 2000 - 1940 is 60, so 60 = your net change. 

TLDR: Sold $2,000 on Mon, sold $1,800 on Tues, sold $1,440 on Wed, and then sold $1,940 on Thurs. The net change is $60.
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Ashley deposits $10 000 at the end of each month for 6 times at rate of 5% compounded monthly. How much will be in her account
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The future values of Ashley's periodic deposits under the five scenarios are stated in the deposit table as follows:

<h3>Deposit Table:</h3>

Item     Initial       Periodic      Deposit    Interest    Future Value    Interest

         Deposit     Deposit        Period        Rate                                    ($)

a.      $10,000     $10,000     6 months        5%        $61,774.51      $1,774.51

b.     $10,000     $10,000     3 months        5%      $30,502.78       $502.78

c.      $10,000    $10,000     6 months        5%        $51,774.51     $1,522.42

d.    $20,000    $10,000      6 months       5%        $72,201.71     $2,201.71

e.   $10,000     $10,000     6 months       5%/6%  $60,803.78       $803.78

<h3>What is the future value?</h3>

The future value of a periodic investment represents the present value of cash flows compounded at an interest rate into the future.

The future value is computed using the FV formula or factor.

It can also be computed using an online finance calculator as follows:

<h3>Data and Calculations:</h3>

Periodic Deposit = $10,000

Investment period = 6 months

Interest rate = 5% compounded monthly

<h3>a) for illustration:</h3>

N (# of periods) = 6 months

I/Y (Interest per year) = 5%

PV (Present Value) = $0

PMT (Periodic Payment) = $10,000

<u>Results</u>:

FV = $61,774.51

Sum of all periodic payments = $60,000 ($10,000 x 6)

Total Interest = $1,774.51

<h3>Other Special Cases:</h3>

c) Interest on $10,000 for 3 months is $1,522.42 ($1,774.51 - $252.09).

d)                             Future Value      Interest

5% with $20,000   $82,285.04    $2,285.04

5% with  $10,000     (10,083.33)          (83.33)

Total for 6 months   $72,201.71     $2,201.71

e)                            Future Value       Interest

5% for 3 months    $30,502.78       $502.78

6% for 3 months     $30,301.00       $301.00

Total for 6 months $60,803.78      $803.78

Learn more about the computation of future values at brainly.com/question/24703884 and brainly.com/question/12979998

#SPJ1

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I hope this answers your question!

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Answer:

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Step-by-step explanation:

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A survey found that 8 out of 10 parents approved of the new principal’s performance. If 4 parents name are chosen with replaceme
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Answer:

The probability is 0.044

Step-by-step explanation:

Step-by-step explanation:

Let p be the probability that the new principal’s performance is approved.

This is obtainable from the survey and it is 8/10 = 0.8

Let q be the probability that the new principal’s performance is disproved.

That will be;

1 - q = 1- 0.8 = 0.2

To calculate the probability that 14 parents names are chosen at random and they all

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That will be;

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