Answer:
Step-by-step explanation:
the vale of x differs in each situation are we talking AB value
Answer:
<em>The salesperson's commission for this month is $3,803</em>
Step-by-step explanation:
<u>Percentages</u>
Let's call x to the sales volume, not including commission.
The salesperson is paid an 8.25% commission on sales, thus the total invoice is x + 8.25%x = x + 0.0825x = 1.0825x
We are given this total invoice, thus:
1.0825x = $49,900
Dividing by 1.0825:
x = $46,097
The salesperson's commission is
0.0825*$46,097=$3,803
The salesperson's commission for this month is $3,803
Answer:
They lose about 2.79% in purchasing power.
Step-by-step explanation:
Whenever you're dealing with purchasing power and inflation, you need to carefully define what the reference is for any changes you might be talking about. Here, we take <em>purchasing power at the beginning of the year</em> as the reference. Since we don't know when the 6% year occurred relative to the year in which the saving balance was $200,000, we choose to deal primarily with percentages, rather than dollar amounts.
Each day, the account value is multiplied by (1 + 0.03/365), so at the end of the year the value is multiplied by about
... (1 +0.03/365)^365 ≈ 1.03045326
Something that had a cost of 1 at the beginning of the year will have a cost of 1.06 at the end of the year. A savings account value of 1 at the beginning of the year would purchase one whole item. At the end of the year, the value of the savings account will purchase ...
... 1.03045326 / 1.06 ≈ 0.9721 . . . items
That is, the loss of purchasing power is about ...
... 1 - 0.9721 = 2.79%
_____
If the account value is $200,000 at the beginning of the year in question, then the purchasing power <em>normalized to what it was at the beginning of the year</em> is now $194,425.14, about $5,574.85 less.
False, the side across from the right angle is called the hypotenuse
