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madam [21]
3 years ago
12

A pair of shoes usually sells for $61. If the shoes are 30% off, and sales tax is 6%, what is the total price of the shoes, incl

uding tax?​
Mathematics
1 answer:
Vinil7 [7]3 years ago
8 0

Answer:

$45.26

Step-by-step explanation:

30% × 61 = 18.3

= $18.30 off, 61 - 18.3 = 42.7

6% × 42.7 = 2.562

= 42.7 + 2.562

=  45.26

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Answer:
Interest earned = 2713.8

Explanation:
We will solve this problem on two steps:
1- get the final amount after three years
2- get the interest earned by subtracting the initial amount from the final one.

1- getting the final amount after 3 years:
The formula that we will use is as follows:
A = P (1 + r/n)^(nt)
where:
A is the final amount we want to calculate
P is the initial amount = 6300
r is the interest = 0.12
n is the number of compounds per year =12
t is time in years = 3

Substitute to get the final amount:
A = P (1 + r/n)^(nt)
A = 6300 (1 + 0.12/12) ^ (12*3)
A = 9013.8

2- getting the interest earned:
Interest earned = final amount - initial amount
Interest earned = 9013.8 - 6300
Interest earned = 2713.8

Hope this helps :)
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