Answer: Monica earned more interest
Step-by-step explanation:
The formula for calculating simple interest is given by :
S.I = 
For Monica
S.I = 300 x 3.4 x 1 / 100
S.I = $10.2
For Paul
S.1 = 400 x 2.4 x 1 / 100
S.I = $9.6
Therefore : Monica earned more interest
Answer:
296.97
Step-by-step explanation:
Remark
The first thing you have to realize is that you take the discount before you add the sales tax.
Discount
If she receives a 15% discount, she still pays 85% of the full price.
85/100 * 325 = 276.25
Sales Tax
A sales tax is only added on after a goods or service has been determined and agreed upon by the buyer and seller.
The sales tax can be calculated quickly by adding the decimal equivalent onto 1 and multiplying that by the discounted amount.
1 + 7.5% = 1 + 7.5/100 = 1 + 0.075 = 1.075 deriving the discount amount
Cost
Cost = discounted price * 1.075 Substitute in Formula
Cost = 276.25 * 1.075 Simplify
Cost = 296.97 Answer
Answer:
1/2×5×(10+6)= 120
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