Answer: $107,836.69 or about $107,837 (to the nearest dollar)
Step-by-step explanation:
Formula to the accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :
As per given , A = $130,000
r= 7.5% = 0.075
t= 30 months
Now,
Hence he need to invest $107,836.69 .
Answer: radius: 6, center: (3,-4)
Step-by-step explanation:
Hello there!
The answer is:
-5/8
-0.75
7/8
Profit = (selling price x number of units) - expenses in this case, the selling price is $855, number of units is 250, and the expenses are $6,780 So, Profit = ($855 x 250) - $6,780 = $206,970 That number times 15% (decimal = 0.15) will be the salary of the CEO So, $206,970 x 0.15 = $31,045.50
SO C.
