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Korolek [52]
3 years ago
5

Original price is $29.99 markdown 33 1/3%

Mathematics
2 answers:
serious [3.7K]3 years ago
8 0
$29.99*0.6667%= $19.99= markdown price
katrin2010 [14]3 years ago
3 0
The new price would be $19.99 29.99 x .6666 = $19.99 (Old price multiplied by discount percentage = new price)
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Barbara made a bad investment. Rather than earning interest, her money is decreasing in value by 11% each week! After just one w
pochemuha

Answer: She started with $160.

It will take 6 weeks before she has less than half of what she originally invested.

Step-by-step explanation:

If her money is decreasing in value by 11% each week, it means that the rate at which it is decreasing is exponential.

We would apply the formula for exponential decay which is expressed as

A = P(1 - r)^t

Where

A represents the value of the investment after t weeks.

t represents the number of weeks.

P represents the initial value of the investment.

r represents rate of depreciation.

From the information given,

A = $142.40

r = 11% = 11/100 = 0.11

t = 1

Therefore

142.40 = P(1 - 0.11)^1

142.40 = P(0.89)

P = 142.4/0.89

P = 160

For her to have half of what she invested originally, then

80 = 160(0.89)^t

80/160 = (0.89)^t

0.5 = (0.89)^t

Taking log of both sides to base 10

Log 0.5 = log0.89^t = tlog0.89

- 0.3010 = - 0.051t

t = - 0.3010/- 0.051

t = 5.9

Approximately 6 weeks

5 0
3 years ago
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