Answer:
19,050,000
Step-by-step explanation:
19 million and then 50 thousand
What are we supposed to estimate??...
Answer:
$25.20
Step-by-step explanation:
First, take the 50% off the sales price:
($48)*(-0.50) = -$24.
($48 - $24) = $24 sale price.
Tax on $24 is ($24)*(0.05) = $1.20
Add the price and sales tax:
$24 + $1.20 = $25.20
A useful formula for finding the effective rate on discounted notes is
.. (effective rate) = r/(1 -rt)
For t=(3 months)/(12 months) = 1/4, the effective rate on these bills is
.. (effective rate) = 3.75%/(1 -0.03750*0.25) ≈ 3.79%
The LCM of 3 and 4 is 12.
I hope this helps and have a good night! :D