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Reptile [31]
3 years ago
9

Please help me with this question. The answer is $745,000 but I need working out.

Mathematics
1 answer:
Delvig [45]3 years ago
5 0

Answer:

745,000

Step-by-step explanation:

200,000x.03= 6000

150,000x.025=3,750

Commission.    2,350

total.                12,100

total fees.            20,000

less above.           12,100

=.remaining fees    7,900

divide by .02(2% commission)

=remaining sales price 395,000

tier 1 200000

tier 2 150000

tier 3 395,000 (calculated above)

=.       745,000 sales price

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<u>Step-by-step explanation:</u>

Use the Compound Interest formula:     A=P(1+\frac{r}{n})^{nt}       where

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Given: P = 4,900

           r = 3.5% (0.035)

           n = 2

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A=4,900\bigg(1+\dfrac{0.035}{2}\bigg)^{2(5)}\\\\\\.\qquad = 4900(1.0175)^{10}\\\\\\.\qquad = \large\boxed{5,828.28}\\

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The amount of candy Sarah have left will be 15- 10 which is 5candies.

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