Answer:
sales tax = 8.2 %
base value = 25% increase
Explanation:
given data
bought = $15.25
final bill = $16.50
to find out
the sales tax rate
solution
we take tax rate and divide by original price tat is
take rate is = 16.50 - 15.25 = $1.25
so
sales tax = 
sales tax = 8.1967 %
so correct option is 8.2%
and
we consider height of Redwood tree = x feet
and height of Oak tree = y feet
so that difference in height of two trees are = change in height from Oak tree to Redwood tree is
difference in height of two trees = | x - y |
so that % change height Oak tree to Redwood tree
thus % change height from Oak tree to Redwood tree taking
so that
Oak tree as base value will be
base value = 
× 100
base value = 
× 100
base value = 25% increase
Question Completion:
A. if college administrators raised the tuition with no change in supply, a surplus of college places would be created at the higher tuition, and the tuition would start to fall
B. the law of demand does not hold
C. more than 4,500 public and private 2-year and 4-year schools supply college education services
D. an increase in demand raises the tuition and increases the enrollment, which accurately describes the market for college education
Answer:
We can be confident that the market for college education is competitive and that an increase in demand rather than the greed of college administrators is the reason for the ongoing rise in tuition for all of the following reasons except _______.
B. the law of demand does not hold
Explanation:
The law of demand implies that the price of a good or service responds to the level of demand. In other words, higher demand increases the price, while lower demand reduces the price. This implies that without the higher demand for college education, college administrators will not be able to sustain an increase in tuition. Therefore, an increase in the demand for college education will lead to increased enrollment, which spurs college administrators to raise tuition.
The total amount accrued, principal plus interest at a rate of 9% per year compounded 1 times per year over 12 years is $1,996,992.00.
<h3>Compound Interest</h3>
Given Data
A = P + I where
P (principal) = $710,000.00
I (interest) = $1,286,992.00
Calculation Steps:
First, convert R as a percent to r as a decimal
r = R/100
r = 9/100
r = 0.09 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 710,000.00(1 + 0.09/1)(1)(12)
A = 710,000.00(1 + 0.09)(12)
A = $1,996,992.00
Learn more about Compound Interest here:
brainly.com/question/24924853
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