In order to calculate the minimum amount required, we will first round
the below-minimum-balance fee to $10. Next, we will use the equation:
A = I * (IR)^n, where A is the amount after n years and I is the initial investment and IR is the interest rate per year.
10 = I*(0.0001)^1
I = $100,000
$100,000 must be in the account to cover the minimum fees.
Answer:
1. 240+180=420 packages.
2. 420 ÷ 240=2 toys and 1 left over.
3. 420 ÷ 180=2 books and 1 left over.
Step-by-step explanation:
Lilian can either put 1 toy and 1 book in the same package or separate them.
First, there was $37.50.
Then, there was a tax of 8%.
Then, there was a tip of 18%.
Since the tip is after the tax, it's not going to affect it, and we can essentially ignore it.
The real question here is just <em>what is 8% of $37.50?</em>
To find the percent of something, first you need to put the percent as a decimal.
8% in decimal form is 0.08 (If you think about it literally, they're both 8 hundredths)
Finally, just multiply the percent in decimal form by the number.
37.50 dollars × 0.08 = 3 dollars.<em />
Answer:
Individuals end to continue paying the premiums of the automobile insurance as a habit. However, serious thoughts and putting in element of strategizing helps to reduce the premium in most cases. At times, there is a sudden like on the part of the insurer even for a flawless driver.
A good look up and research of the insurance websites can be of real help in comparing whether a better deal is offered by the other insurance companies, or whether a certain change in the policy or small adjustments of the term would give benefit to the customer.
In case a speeding ticket is received, or an accident is mentioned in the driving history, it is maintained there in for a period of three to five years. Thus, the premium increases substantially. A change of insurer is advised in such situations, where a major search for an insurer, who does not pay that much importance to these details, is to be carried on.
Again, having a teenager driver in the family calls for a caution as the insurance premium increases drastically in such occasion. Having clean driving record of the parents, or kids commuting to far away schools without cars help in such situation.
