Answer:
Cost of shipping and handling = $23.453
Step-by-step explanation:
Given
Price of Chair=$220.59
Tax=7.9%
Invoice Price=$261.47
In order to find the cost of shipping and handling, we have to subtract the cost of chair and the tax from the invoice price of chair.
To find the tax,
Tax amount=220.59*0.079
=$17.42661
Now,
Cost of shipping and handling=$261.47-$220.59-$17.42661
=$23.453 ..
9514 1404 393
Answer:
$110.52
Step-by-step explanation:
The formula for the amount resulting from continuous compounding is ...
A = P·e^(rt) . . . . . principal P compounded continuously at annual rate r for t years
Using your values, we have ...
A = 100·e^(0.05·2) = 100e^0.1 = 110.52
The resulting amount is $110.52.
