Answer:
Original price= $3,200
Step-by-step explanation:
Giving the following information:
Purchase price= $2,816
Discount rate= 12% = 0.12
<u>To calculate the original price, we need to use the following formula:</u>
Original price= purchase price / (1 - discount rate)
Original price= 2,816 / 0.88
Original price= $3,200
51, because 39+12=51. You just add both parts of the tree. Please Rate Brainliest.
To get an answer which is....45
Based on the types of compounding and the interest rates, the following are true:
- Part A - The group will have $750
- Part B - The group will have $759.19
When using simple interest, the amount the group will have is:
<em>= Amount x ( 1 + rate x number of years )</em>
= 600 x ( 1 + 5% x 5)
= $750
When using compound interest, the group will have:
<em>= Amount x ( 1 + rate) ^ Number of years</em>
= 600 x ( 1 + 4%)⁶
= $759.19
In conclusion, compound interest yields more.
<em>Find out more about </em><em>compound interest </em><em>at brainly.com/question/25263325. </em>
Answer:
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Hope this helps...
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