Answer:
Sh 4800
Step-by-step explanation:
5192 - 5000 = 192 ( which is the total commission)
4% = 192
100%=? ( so we get the total sales)
100*192/4 = 4800 ( which is the total sales )
Answer:
1.) 9.2
2.)
625
633
the dealer
8.81
Step-by-step explanation:
I'm gonna assume that cm= compounded monthly
1.)
effective rate: .153/12= .01275
x= payments

2.)
If there is no interest rate attached to financing through the deal the payment is just
37500/60 = 625
The monthly payment from the bank has a present value of 37500-3000=34500
and the effective rate is .039/12= .00325

Finally, the amount we save is just the difference
633.81-625=8.81
7/8 x 1/4 =
7/32
7/32 would be the simplest form, unless they want a decimal.