Answer:
56.44%
Step-by-step explanation:
From the question, we have the following values
% Discount = 3%
Full allowed payment days = 30 days
Discount days = 10 days
1 year = 365 days
The formula for Effective Annual rate or Annual rate in effect =
Discount %/(1-Discount %) x (365 days/(Full allowed payment days - Discount days))
= 3%/(1 - 3%) × (365 days/30 days - 10 days)
= 0.03/(1 - 0.03) × (365/20)
= 0.03/0.97 × (365/20)
= 0.5644329897
Converting to percentage
0.5644329897 × 100
= 56.44329897%
Approximately = 56.44%
Therefore, the annual rate Heidi, in effect, is paying the supplier if she fails to pay the invoice at the end of the discount period is 56.44%
3y=8x
Explanation:
If y varies directly with x then
y=c⋅x for some constant of variation c
If (x,y)=(14,23) is a solution to this equation, then
23=c⋅14
→c=23⋅41=83
So
y=83x
or (clearing the fraction)
3y=8x
The growth is decaying, the original value is 500 and the common multiplier is 5, 500 divided by 5 turns to 100. 100/5=20. 20/5=4. x/5 or 1/5 if it has to be in a fraction format
Answer: 11 more i think
Step-by-step explanation:
$20.00 - $15.24 = $4.76 in change. I'd say review decimal subtraction which you should have learned in fourth or fifth grade. Hope this helps!
