Answer:
4 dollars 80 cents
Step-by-step explanation:
if annual is 12%, find monthly, 12/12=1
monthly rate is 1%
convert to decimal
0.01
480*0.01
4.8
9514 1404 393
Answer:
$44.49
Step-by-step explanation:
The total cost before tax will be ...
$49.96 +49.96 + 0.50(49.96) = $124.90
With tax added, the cost is ...
$124.90 × 1.071 = $133.77
Then the average cost per shirt for the 3 shirts is ...
$133.77/3 = $44.59
The mean cost of a shirt is $44.59.