Suppose you deposit $1000 in a college fund that pays 7.2% interest compounded
1 answer:
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The school can charge $7.54 for each agenda book.
Step-by-step explanation:
Given,
Purchase price of 350 books = $1137.50
Profit they want to make = $1500
Total amount = 1137.50 + 1500 = $2637.50
Therefore;
The school must sell 350 books for $2637.50
Thus,
350 books = 2637.50 dollars
1 book =
1 book = $7.535
Rounding off to nearest cent
1 book = $7.54
The school can charge $7.54 for each agenda book.
Keywords: addition, division
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