Answer:
$2,589.52
Step-by-step explanation:
We start with the compound interest formula above, where
A = future value
P = principal amount invested
r = annual rate of interest written as a decimal
n = number of times interest is compound per year
t = number of years
For this problem, we have
P = 2000
r = 0.026
n = 2
t = 10,
and we find A.
Answer: a. 13120
b. 4100
c. 1025
d. 3280
Step-by-step explanation:
(a) find the costs price of the fridge
Since the cash price is 20% less the hire purchase price, then the cost of the fridge will be:
= (100% - 20%) × 16400
= 80% × 16400
= 0.8 × 16400
= 13120
(b) calculate the deposit
Since 25% is paid as deposit, the deposit will be:
= 25% × 16400
= 0.25 × 16400
= 4100
(c) what is the monthly installments
Monthly installments will be:
= (16400 - 4100)/12
= 12300/12
= 1025
(d) what is the differences between the cash price and the hire purchase price.
This will be:
Hire purchase price = 16400
Cash price = 13120
= 16400 - 13120
= 3280
Answer:
9n
Step-by-step explanation:
i mean 9 x n = 9n. straight forward...
Answer:
38%
Step-by-step explanation:
Original price = $ 80
Price after reduction = $ 49.60
Reduction = 80 - 49.60 = $30.40
Percentage of decrease = 
= 38%
First of all, I find it easiest to write n equation.
3 / 15 x 8 =
Now that we have an equation, we can figure out a solution.
3 / 15 = 5
5 x 8 = 40
So 8 DVD's would cost $40.00.
