Answer: He would pay $62.37 for it on blockbuster Saturday.
Step-by-step explanation:
Since we have given that
Original price of sweater = $99
Discount on blockbuster Saturday = 30%
Additional discount on sweater = 10%
So, According to question,


Hence, he would pay $62.37 for it on blockbuster Saturday.
Answer:
(a) The future value after 9 years is $7142.49.
(b) The effective rate is
.
(c) The time to reach $13,000 is 21.88 years.
Step-by-step explanation:
The definition of Continuous Compounding is
If a deposit of
dollars is invested at a rate of interest
compounded continuously for
years, the compound amount is

(a) From the information given



Applying the above formula we get that

The future value after 9 years is $7142.49.
(b) The effective rate is given by

Therefore,

(c) To find the time to reach $13,000, we must solve the equation


Answer:
A. 4
Step-by-step explanation:
4*x-4*1=4x-4
Answer: Add 2 to each side
Step-by-step explanation:
9m-2=16
+2 +2
9m=18