Answer: The answer that I got was J.
Jen has 46 more than Jay, “Jen has 46 more than Jay.” You answered your own question.
Answer: $97.524
Step-by-step explanation:
First let's calculate the price after the tax rate:
converting 7.50% to a decimal = 0.0750 now we multiply the sales tax by 75.60 which equals $5.67 add it to 75.60 = 81.27 (our new total)
Now let's calculate the tip. Again turning 20% to a decimal = .20 now multiplying by 81.27 = 16.254. Adding 16.254 to 81.27 we get our final answer: $97.524
Consider the charge for parking one car for t hours.
If t is more than 1, then the function is y=3+2(t-1), because 3 $ are payed for the first hour, then for t-1 of the left hours, we pay 2 $.
If t is one, then the rule y=3+2(t-1) still calculates the charge of 3 $, because substituting t with one in the formula yields 3.
75% is 75/100 or 0.75.
For whatever number of hours t, the charge for the first car is 3+2(t-1) $, and whatever that expression is, the price for the second car and third car will be
0.75 times 3+2(t-1). Thus, the charge for the 3 cars is given by:
3+2(t-1)+0.75[3+2(t-1)]+0.75[3+2(t-1)]=3+2(t-1)+<span>0.75 × 2[3 + 2(t − 1)].
Thus, the function which total parking charge of parking 3 cars for t hours is:
</span><span>f(t) = (3 + 2(t − 1)) + 0.75 × 2(3 + 2(t − 1))
Answer: C</span>
Answer:
6.5%
Step-by-step explanation:
The formular used to calculate the cost of preferred stock is:
= Fixed dividend/Net proceeds
Fixed dividend= $50 × 8/100
= $50×0.08
=$4
Net proceeds= Market price-Flotation costs
= $65-(6/100×$65)
= $65-(0.06×$65)
= $65-3.9
= $61.1
Therefore cost of preferred stock is
= 4/61.1 ×100
= 0.065×100
= 6.5%
Hence the cost of preferred stock is 6.5%
