Answer:
$12,958
Step-by-step explanation:
The total amount of the account, principal plus interest, is given by ...
A = P(1 +rt)
The given information tells us ...
12,122 = P(1 + .08×2) = 1.16P
Then the principal amount is ...
12,122/1.16 = 10,450
__
When that same amount is invested using a different rate and time period, it becomes ...
A = 10,450(1 + .09×(2 2/3)) = 10,450×1.24 = 12,958
It will amount to $12,958 in 2 years 8 months at 9%.
Hello! So Angie reads 60 pages in 2 hours, without the TV on. 60/2 is 30. She reads 30 pages an hour without the TV on, and 24 pages with the TV off. To find the percent of her reading rate with the TV on instead of off, we can just divide both of the reading rates. 24/30 is 0.8. Multiply that by 100 and you get 80% in percent form. There. Angie's reading rate with the TV on is 80% of her reading rate with the TV off. The answer is B: 80%.
First let's calculate the profit in the deal, subtracting the market value and the selling value:
So the profit is $55,000.
Now, calculating the fee of 10% of the profit, we have:
So the fee is $5,500, therefore the correct option is the fourth one.
If the y-intercept is at -69, meaning the point is (0, -69), thus x = 0, y = -69
