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djverab [1.8K]
3 years ago
14

If there is an 8.5% tax on a $30 sweater, what is the tax amount?

Mathematics
2 answers:
kotegsom [21]3 years ago
5 0
The answer would be $32.55 , Hope I helped :)
notsponge [240]3 years ago
4 0

Answer:

$32.55

Step-by-step explanation:

Before Tax Price: $30.00

Sale Tax: 8.50% or $2.55

After Tax Price: $32.55

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What is the profitability index of an investment with cash flows in years 0 thru 4 of -340, 120, 130, 153, and 166, respectively
ki77a [65]

The profitability index of an investment with cash flows in years 0 thru 4 of -340, 120, 130, 153, and 166, respectively, and a discount rate of 16 percent is: 15%.

<h3>Profitability index</h3>

First step is to find the Net present value (NPV)  of the given cash flow using discount rate PVF 16% and PV of cash flow which in turn will give us net present value of 49.7.

Second step is to calculate the profitability index

Profitability index  = 49.7/340

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Profitability index=15%

Therefore the profitability index of an investment with cash flows in years 0 thru 4 of -340, 120, 130, 153, and 166, respectively, and a discount rate of 16 percent is: 15%.

Learn more about Profitability index here:brainly.com/question/3805108

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Evan walks his dog 4 times around the perimeter of a
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