Answer:
since 20% is 100
then 80% is 400
Therefore 500 in total to begin with.
Answer:
<u>$27,039</u>
Step-by-step explanation:
Calculating the amount of interest :
- A = interest
- P = principal
- r = rate of interest (in decimal)
- n = number of times compounded
- t = time (in years)
Given values :
- P = $17,000
- r = 4.75% = 0.0475
- n = 1
- t = 10
Solving :
- A = (17,000)(1 + 0.0475/1)¹⁰
- A = (17,000)(1.0475)¹⁰
- A = (17,000)(1.59052433)
- A = <u>$27,039</u> (nearest dollar)
Equivalent fractions- multiply both numerator and denominator by the same number. <span />
348 rounded to tens place = 350
348 rounded to hundreds place = 300 (possibly 400)
12000 = 2x - 1500
12000 + 1500 = 2x
13500 = 2x
13500/2 = x
6750 = x <=== original price