Answer: 10.53%
Step-by-step explanation:
George £89400 @ 9% = £8046 so income = £89400+£8046=£97446
Harris (Paris?) gets £447 more so 97446+447=£97893
and this represents sales of £89400 plus commission
so Harris' commission = £97893-£89400 = £8493
So last stage is what commission percentage is £8493 of original sales £89400 = 10.53%
Answer:
5 months
Step-by-step explanation:
Equate the formulas for the weights of the two boys:
J's weight = 120 lb + (10 lb/mo)m = D's weight = 150 lb + (4 lb/mo)m
Solve as follows: Subtract 120 lb from both sides:
(10 lb/mo)m = 30 lb + (4 lb/mo)m.
Then: (6 lb/mo)m = 30 lb, and m = (30 lb) / (6 lb/mo) = 5 months
There are 9 kennels.
(# of dogs) = 3 (# of kennels)
27 = 3 (# of kennels)
27 / 3 = (# of kennels)
9 = (# of kennels)
Answer:
$28,342.54
Step-by-step explanation:
The value of an account earning compound interest is found using the formula ...
A = P(1 +r/n)^(nt)
where P is the principal invested at annual rate r compounded n times per year for t years.
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You have P=7000, r=0.12, n=2, t=12.
Using these values in the formula, we find the accumulated value of the investment to be ...
A = 7000(1 +0.12/2)^(2·12) = 7000(1.06^24) ≈ 28,342.54
The value after 12 years is $28,342.54.
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<em>Additional comment</em>
The time-value-of-money functions of your calculator or spreadsheet can find this for you.