The sales tax can be found through multiplying the total by the decimal form of the given sales tax (7.5=0.075). This operation yields 40.5 or $40.50. I really hope this helps!:)
You could substract or divide It to get the sum.
One is reflecting while the other one is staying
1 2 3 4 6 8 10 12 15 20 24 30 40 60 and 120
Based on the amount borrowed and the interest per year, Big Brothers, Inc will pay an annual payment of $59,973.15.
<h3>How much will Big Brothers, Inc. pay annually?</h3>
This can be found by using the present value of an annuity formula because the annual payment will be constant and therefore like an annuity.
Formula is:
Present value of annuity = Annual payment x ( 1 - (1 + rate) ^ -number of periods) / rate
Solving gives:
267,999 = Amount x ( 1 - ( 1 + 18.16%)⁻¹⁰) / 18.16%
267,999 = Amount x 4.46865
Amount = 267,999 / 4.46865
= $59,973.15
Find out more on loan present value at brainly.com/question/15088278.
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