20% of 160,000 is 3,200. Divide that by 72 months you get $44.44 with a never ending stream of 4s. So you can pay $44.44 each month for six years and be 32 cents short, or you can pay $44.45 each month for six years and have 40 cents leftover. I wasn't sure which answer you were looking for so I gave you both. Hope that helps! :)
Sin taxes are typically added to liquor, cigarettes, and goods that are considered morally hazardous. Because they generate enormous revenue, state governments favor sin taxes. ... The sin tax seeks to reduce or eliminate consumption of harmful products by making them more expensive to obtain.
Answer:
A.
Step-by-step explanation:
He already had 100 into the account so we add that, 25x is derived from the fact that x=the amount of months and 25 is the amount per a month he saves.
Answer:
$67,580.73
Step-by-step explanation:
$49,329÷100=$493.29 (1%)
$493.29×37=$18,251.73 (37%)
$49,329+$18,251.73=$67,580.73
