Please help I already know it’s not d
2 answers:
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The sale price after both markdowns will be $336
<em><u>Explanation</u></em>
The selling price of an item is $600. After 6 months of not selling, it is marked down by 30%
So, the marked down amount after 6 months
and the selling price after first 6 months will be:
After another 6 months of not selling , it is further marked down by 20%. So, the marked down amount now
Thus, the final selling price after all markdowns
Answer:
The amount received after 5 years is 1827.39
Step-by-step explanation:
The amount received by Bridget from his grandfather as the birthday gift = 1400 .
Since he wants to deposit it and save for college, he earns interest rate = 5.4%
He deposited this money for the years = 5 years.
Here, the Present value (PV) is = 1400
Interest rate ( r ) = 5.4% or 0.054
Since the interest rate is compounded semi annually, So, n = 10
Now if we calculate the future value of 1400 with interest rate 5.4 percent:
Therefore, 1827.39 will be the total money in his account after five years.