So in this case P = 2000, i = 0.045, and t = 5.
Just substitute, those numbers into the equation, getting you 2000(1+0.045)^5
This then becomes 2000(1.045)^5
Which gets you about 2492.36, or B.
Each sleeve was $3.50
His coupon is for .75 off each sleeve. He got four sleeves, so you’d multiply .75 x 4 to get 3.
Then add 3 + 11 to get the total price he would have paid without the coupon (14).
Then divide 14 by 4 (the number of sleeves he bought) to get 3.50
Answer:
m(-1)^n - 1
Step-by-step explanation:
Hi there
LTS Company’s projected sales
1,320,000×0.17=224,400