Step-by-step explanation:
so what you need to do is answer the questions with () and then do the other part
Answer:
I believe it's 192
Step-by-step explanation:
200,000 is 20% of 1,000,000
Answer: P = $ 1,998.01
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 24%/100 = 0.24 per year,
putting time into years for simplicity,
1 months ÷ 12 months/year = 0.083333 years,
then, solving our equation
P = 39.96 / ( 0.24 × 0.083333 ) = 1998.007992032
P = $ 1,998.01
The principal required to
accumulate interest of $ 39.96
on a rate of 24% per year for 0.083333 years (1 months) is $ 1,998.01.
The <em><u>correct answer</u></em> is:
$43.20
Explanation:
The formula we have is
c = p(1+r), where c is the total cost, p is the price of the item before tax, and r is the tax rate written as a decimal. This formula comes from the fact that adding a percent tax to the cost of an item takes 100% of the price and adds r% to it; this is why we multiply the price by (1+r).
Since our tax rate is 8%, r = 8% = 8/100 = 0.08. The price of the item is $40. Using this information, we have:
c = 40(1.08) = $43.20
