Answer:
, solution is $14.29
Step-by-step explanation:
We can create an equation for this scenario to try and solve it.
Assuming the cost of the CD is x, it’s sale tax will be 0.05x (as that is 5% of x, 0.05.)
We can write the equation in two ways:
or
.
Assuming we take the second one (easier to work with), we can divide both sides by 1.05. The equation simplifies to x = 14.289... which rounds to x = 14.29.
Therefore, the equation is and the solution is $14.29.
Hope this helped!
The monthly budget plan for Judy includes all of her income and expenses, the total balance is $ 2362.92 and she spends $ 1083.
<h3>What is the monthly budget?</h3>A monthly budget is a personal spending plan that you use to track your monthly income and costs.
The given data in the problem is;
Home pay = $2314.92/month.
Interest earned = $48 / month
House rent = $825/month
EMI of student loan = $258/month
Total earning per month = $2314.92 + $48
Total earning per month = $ 2362.92
Amount she spends per month = $825/month + $258
Amount she spends per month = $ 1083
Hence, the total balance will be $ 2362.92 and she spend $ 1083.
To learn more about the monthly budget refer to:
#SPJ1
