The second item would be $88 before tax since the tax rate is <span>9.375%</span>
Answer:
40
Step-by-step explanation:
2+2 = 4
4+4 = 8
8+32= 40
Answer:
A = $45948
Step-by-step explanation:
Given the following data;
Principal = $8000
Interest rate = 6% = 6/100 = 0.06
Time = 30 years
To find the future value, we would use the compound interest formula;
Where;
A is the future value.
P is the principal or starting amount.
r is annual interest rate.
t is the number of years for the compound interest.
Substituting into the equation, we have;
A = $45948
How I was taught: Make sure both numbers are a fraction. If not put "1" as the denominator. Multiply straight across. Simplify if you can.
Take this example (cause it's easy to explain)
10+5x=15x
To solve it we have to minus five on both side. We have to do this because we need to isolate the variable (in this case x) on the one side so we can divide and solve.
You would -5x (inverse from positive 5) from both sides on this because whatever you do to one side you have to do to the others to make it equal. In this case the answer would be x=1 (again cause it's easy lol.)
I hope this helps you!
