Each calculator sold for $12.67 . So 5 would be $63.35
5000(1+.07)^2
5000(1.07)^2
5000(1.14)
5,700
Your final answer should be 5,700$. If you wanna double check you would use the equation fv=bv(1+r/m)^mt
Answer:
Step-by-step explanation:
To add or subtract you need to make the denominator the same. To do this you need to find the least common multiple.
Answer:
if i'm not mistaken the answer is B
Answer:
$102.96
Step-by-step explanation:
Lets take this one part at a time.
the dealership pays 12000 for the car, so they start at -12000 for how much money they have.
The dealership wants to make a 32% profit. This means they want to make back the 12000 plus 32% of that. what is 32% of 12000? just multiply 12000 bty .32 In the end it works out that the price they sell it for is 15840
I do want to mention that there is a chance the 32% might also be accounting the bonus. So in other words the dealership spent 12000 for the car then however much in paying the bonus, and they want to make a 32% profit on both of these combined. I do not think that is what it is asking for, but I wanted to mention it.
Anyway, with a sales price of $15,840 it says the bonus is 6.5% of that. to find that just do the multiplication .065 * 15840 = 1029.60. So this is the bonus normally.
Now the question says the salesperson offers a 10 percent discount. This changes the sales price (by 10%) and the bonus they earn. let's calculate both.
First 10% discount of the sales price is .9*15840 = 14,256
Then 6.5% of that is .065*14256 = 926.64 So this is the new bonus.
The question wants the difference of the two bonuses, and difference is subtraction. so 1029.60 - 926.64 = 102.96 So if the salesperson offers a 10% discount they lose $102.96
