After latoya buys 20 prints the remaining balance is $29.25
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Answer:
0.09
Step-by-step explanation:
The total charge to her account balance is $83.22
Step-by-step explanation:
We are told that she initially spends $36.50 at the clothing store plus 8% tax.
8% of $36.50 is:
8 / 100 * 36.50 = $2.92
Her total spending at the clothes store is therefore
$36.50 + $2.92 = $39.42
She then spend $25 to refuel her car.
She then bought groceries worth $23.50 and handed over a coupon for a 20% discount on her purchase.
20% discount means 20% of her cost was deducted from what she was supposed to pay and she only paid 80% of the amount she was supposed to pay.
80% of $23.50 is:
80 / 100 * 23.50 = $18.80
Therefore, her total cost (change in her account balance) is:
$39.42 + $25 + $18.80 = $83.22
The total charge to her account balance is $83.22.
Answer: interest = $ 3,629.34
Step-by-step explanation:
Complete question
(Marlie will be starting college next year, federal unsubsidized student loan in the amount of $18,800 at 4.29%. She knows that during this non-payment time, interest will accrue at 4.29%. Suppose Marlie only paid the interest during her four years in school and the six-month grace period. What will she now pay in interest over the term of the loan.)
This question relates to interest over a single period of time and since it's not compounded, we use formula for simple interest to calculate the interest accrued.
Data;
P = $18,800
R = 4.29% = 0.0429
T = 4.5 years
S.I = ?
S.I = PRT
S.I = 18,800 * 0.0429 * 4.5
S.I = $3,629.34
Therefore she'll need to pay $3,629.34 as interest accrued.