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andrew-mc [135]
3 years ago
15

A sales representative for a large furniture warehouse is paid a commission rate of 5%. Find her commission if she sold $2,314,9

76 worth of furniture last year.
Mathematics
1 answer:
Nadya [2.5K]3 years ago
7 0

Answer:

Step-by-step explanation:

2,314,976*5%= $115,748.80

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If you invest $4000 at 9% interest compounded annually, in how many years will you have $20,000. Give your answer the nearest te
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Answer:

18.7 years

Step-by-step explanation:

This is a compound interest problem and the following variables have been given;

Principal = 4000; this is the amount o be invested

APR = 9%; this is the compound interest to be earned

Accumulated amount = 20,000

We are required to determine the duration in years. We apply the compound interest formula;

A=P(1+r)^{n}

20000=4000(1+\frac{9}{100})^{n}\\20000=4000(1.09)^{n}\\5=(1.09)^{n}

The next step is to introduce natural logarithms in order to determine n;

ln5=nln(1.09)\\n=\frac{ln5}{ln(1.09)}\\n= 18.675

The number of years required is thus 18.7 years

6 0
4 years ago
Eric deposited $9,033.00 into a new savings account that earns interest compounded monthly. After 11 months, the balance in the
Molodets [167]

Answer:

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Step-by-step explanation:

6 0
3 years ago
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If both slopes are undefined are they parallel?
SCORPION-xisa [38]

Answer:

If the slopes of the lines are both zero, the lines are horizontal and are parallel by definition. Since the slopes of vertical lines are undefined and not considered equal, vertical lines will not be considered.

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8 0
3 years ago
What is 12 2/3 as an improper fraction
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Answer:

\dfrac{38}{3}

Step-by-step explanation:

12\dfrac{2}{3} =

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4 0
3 years ago
What’s the answer and how do I solve this ?
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